Bank of America Reveals Massive Crypto Exposure

Bank of America's recent 13F filing has sent shockwaves throughout the financial industry, revealing significant indirect exposure to some of the largest cryptocurrencies on the market.

The bank's investments in exchange-traded funds (ETFs) linked to Bitcoin, XRP, Ethereum, and Solana amount to over $2 billion, according to the latest 13F filing.

Some of the key crypto companies with direct exposure include Strategy, Block, Inc., Circle Internet Group, Coinbase, Fidelity Wise Origin Bitcoin Fund, and Grayscale Bitcoin Trust ETF. The bank's holdings in these companies total over $4 billion.