Bank of America reshuffled its crypto ETF portfolio in the first quarter of 2026, according to its latest 13F filing. The bank disclosed roughly $53 million in total crypto ETF exposure, with the largest slice—$37 million—allocated to BlackRock’s IBIT Bitcoin ETF. At the same time, it trimmed positions in Ether and Solana ETFs.
IBIT Dominates: Liquidity Draws Institutional Cash
The filing shows Bank of America increased its IBIT stake during Q1. IBIT remained the dominant crypto ETF in the portfolio, supported by strong liquidity and steady inflows. The bank also held smaller stakes in Fidelity’s FBTC, Bitwise BITB, and Grayscale Bitcoin products.
IBIT is among the most actively traded spot Bitcoin ETFs. Its deep liquidity has encouraged participation from wealth managers and institutional investors. Spot Bitcoin ETFs allow exposure without direct wallet or private key management. ETF flows are increasingly viewed as a proxy for institutional sentiment toward digital assets.
Ether and Solana ETFs Trimmed: Selective Positioning
In the same period, Bank of America reduced its allocations to Ether and Solana ETFs. While both assets remain in the portfolio, the cuts reflect a more selective stance on altcoin-linked investment vehicles. Regulated Bitcoin ETFs continue to attract higher preference among large financial institutions.
The 13F filing, a quarterly report of equity and ETF holdings submitted to U.S. regulators, captures a snapshot of Bank of America’s crypto market positioning. Crypto ETF exposure amounts to a small fraction of the bank’s overall investment portfolio. Regulators monitor these disclosures through standard 13F reporting frameworks.
Analysts note that Bitcoin ETFs’ liquidity and distribution scale give them an edge in drawing institutional capital. Altcoin ETFs, by contrast, still lag behind in institutional demand. These quarterly filings offer a window into how major money managers are adjusting their crypto bets.