{"id":44590,"date":"2026-05-25T10:30:48","date_gmt":"2026-05-25T10:30:48","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=44590"},"modified":"2026-05-25T10:30:48","modified_gmt":"2026-05-25T10:30:48","slug":"american-mega-bank-is-dumping-its-ethereum-holdings-heres-what-its-buying","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=44590","title":{"rendered":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying"},"content":{"rendered":"

Ethereum is losing ground inside one of America\u2019s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products<\/a>. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs<\/a> and indirect treasury exposure.<\/p>\n

Ethereum Retreats, Bitcoin Expands<\/h2>\n

The latest 13F filing<\/a> from Bank of America paints a clear picture of where institutional conviction is shifting. While the bank still maintains exposure across several crypto-related products, recent reports indicate<\/a> that Bitcoin now dominates its digital asset strategy by a wide margin.<\/p>\n

At the center of that move is BlackRock\u2019s iShares Bitcoin Trust (IBIT)<\/a>, which became the bank\u2019s largest crypto holding after a substantial increase during the quarter. Regulatory documents show Bank of America lifted its IBIT exposure to roughly $37 million, making the ETF responsible for nearly 70% of the bank\u2019s crypto investment portfolio while holding 972,590 shares of the fund.<\/p>\n

At the same time, exposure tied to Ethereum products moved in the opposite direction. The filing reflected a reduction in Ethereum-linked allocations<\/a> alongside cuts to Solana-related investment products. Smaller holdings connected to XRP and Solana ETFs also appeared in the disclosure, though the bank\u2019s allocation toward those products remained comparatively limited.<\/p>\n

Rather than spreading capital evenly across the digital asset market, the portfolio changes suggest Bank of America is concentrating on Bitcoin as the preferred institutional-grade crypto asset.\u00a0<\/p>\n

Moreover, the bank also maintained positions in Fidelity\u2019s FBTC, Bitwise\u2019s BITB, and several Grayscale Bitcoin products. However, none came close to the scale of the IBIT allocation<\/a>, reinforcing Bitcoin\u2019s growing dominance within the institution\u2019s crypto strategy.<\/p>\n

Wall Street\u2019s New Favorite Trade<\/h2>\n

Bank of America\u2019s repositioning did not happen in isolation. Across Wall Street, major financial firms<\/a> are quietly increasing Bitcoin exposure even as broader crypto markets remain volatile.<\/p>\n

The filing also revealed that Bank of America owns nearly 3.96 million shares of MicroStrategy, a position valued at roughly $660 million. Because the software company continues accumulating Bitcoin<\/a> as its primary treasury reserve asset, the investment gives the bank another layer of indirect Bitcoin exposure beyond ETFs alone.<\/p>\n

Other financial giants are moving in a similar direction. Morgan Stanley reportedly holds one of the largest spot crypto ETF portfolios among traditional banks, with more than $1 billion tied to regulated digital asset products. Goldman Sachs has also maintained sizable positions in BlackRock\u2019s IBIT alongside Fidelity\u2019s FBTC fund, while JPMorgan expanded<\/a> its crypto-related exposure during the quarter despite CEO Jamie Dimon\u2019s well-known skepticism toward Bitcoin.\u00a0<\/p>\n

Together, these portfolio moves point to a broader shift taking shape across traditional finance, where regulated Bitcoin investment vehicles are drawing deeper interest from banks, asset managers, and hedge funds<\/a>. Bank of America\u2019s latest filing ultimately fits squarely within that pattern, underscoring how Bitcoin is increasingly becoming the centerpiece of Wall Street\u2019s crypto playbook<\/a>.<\/p>\n

\"Ethereum<\/p>","protected":false},"excerpt":{"rendered":"

Ethereum is losing ground inside one of America\u2019s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and […]<\/p>\n","protected":false},"author":1,"featured_media":44591,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-44590","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum"],"yoast_head":"\nAmerican Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=44590\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Ethereum is losing ground inside one of America\u2019s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=44590\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-25T10:30:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.tradingview.com\/x\/f5yBYmvt\/\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying\",\"datePublished\":\"2026-05-25T10:30:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590\"},\"wordCount\":504,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Ethereum-dump-Dr7ueb.jpg\",\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590\",\"name\":\"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Ethereum-dump-Dr7ueb.jpg\",\"datePublished\":\"2026-05-25T10:30:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=44590\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Ethereum-dump-Dr7ueb.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Ethereum-dump-Dr7ueb.jpg\",\"width\":750,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=44590#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=44590","og_locale":"en_US","og_type":"article","og_title":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag","og_description":"Ethereum is losing ground inside one of America\u2019s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and […]","og_url":"https:\/\/cryptomag.finance\/?p=44590","og_site_name":"Cryptomag","article_published_time":"2026-05-25T10:30:48+00:00","og_image":[{"url":"https:\/\/www.tradingview.com\/x\/f5yBYmvt\/","type":"","width":"","height":""}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=44590#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=44590"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying","datePublished":"2026-05-25T10:30:48+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=44590"},"wordCount":504,"image":{"@id":"https:\/\/cryptomag.finance\/?p=44590#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Ethereum-dump-Dr7ueb.jpg","articleSection":["Ethereum"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=44590","url":"https:\/\/cryptomag.finance\/?p=44590","name":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=44590#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=44590#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Ethereum-dump-Dr7ueb.jpg","datePublished":"2026-05-25T10:30:48+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=44590#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=44590"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=44590#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Ethereum-dump-Dr7ueb.jpg","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Ethereum-dump-Dr7ueb.jpg","width":750,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=44590#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"American Mega Bank Is Dumping Its Ethereum Holdings, Here\u2019s What It\u2019s Buying"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/44590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44590"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/44590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/44591"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}