Bank of America Discloses $53M in Spot Crypto ETF Exposure in Latest 13F Filing

According to SEC 13F filings, Bank of America disclosed $53 million in aggregate spot cryptocurrency exchange-traded fund exposure in its latest quarterly filing. The bank concentrated the majority of its direct crypto ETF holdings in BlackRock's iShares Bitcoin Trust, valued at approximately $37 million, while significantly reducing its Ethereum exposure to $1.06 million in BlackRock's iShares Ethereum Trust. Additionally, Bank of America maintains a substantial indirect digital asset position through 3.96 million shares of MicroStrategy, valued at $660 million, which leverages corporate debt to acquire Bitcoin.

These holdings reflect the institution's diversified approach to capturing cryptocurrency market exposure while maintaining compliance with traditional banking regulatory frameworks.