Bank of America Discloses $53.1M in Crypto ETF Holdings

Bank of America has made significant investments in cryptocurrency-related exchange-traded funds (ETFs), revealing $53.1 million in holdings led by BlackRock's Bitcoin fund. This disclosure is part of the bank's quarterly filing with the U.S. Securities and Exchange Commission (SEC) and marks a notable expansion into digital asset exposure among major U.S. banks.

The largest single holding is in BlackRock's iShares Bitcoin Trust, valued at approximately $37 million. In addition to its direct ETF holdings, Bank of America also holds 3,960,000 shares of Strategy (formerly MicroStrategy), a business intelligence firm known for its large Bitcoin treasury, worth roughly $660 million.

This trend is significant because it reflects growing institutional comfort with regulated crypto products. The SEC's approval of spot Bitcoin and Ethereum ETFs in January 2024 and October 2025, respectively, has opened the door for traditional financial institutions to gain crypto exposure through familiar, regulated vehicles.