Bank of America disclosed crypto ETF holdings in its Q1 2026 13F filing, covering Bitcoin, Ethereum, XRP, and Solana positions.
Bank of America has officially entered the altcoin investment space. In its regulatory filing for the first quarter of 2026, America’s 2nd-largest bank revealed 9 spot crypto ETF holdings. It’s a first for a big U.S. bank.
Bank of America Reveals $53 Million in Spot Crypto ETF Holdings
The filing reveals about $53 million invested in spot crypto ETFs. These include BlackRock’s IBIT and ETHA funds. Additionally, the bank revealed a stake in the Volatility Shares XRP ETF, which is worth approximately $98,500. In addition, it has a stake in the Volatility Shares Solana ETF.
The XRP and Solana positions are low dollar amounts. But they have a lot of symbolic value. It is the first time a leading U.S. bank has disclosed its exposure to the altcoins in a regulatory filing. It is thus an explicit change in institutional thinking.
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In addition to ETFs, Bank of America also has substantial equity holdings. These include $514 million in Strategy, $472 million in Robinhood, $261 million in Coinbase, $172 million in SoFi, and $170 million in Circle. As a result, its total crypto-adjacent equity exposure is over $1.6 billion.
Bank of America’s Ripple Ties Add Weight to XRP Disclosure
The XRP holding is particularly important. Bank of America has been collaborating with Ripple since 2020. It is a member of the RippleNet advisory steering group. Moreover, the bank has piloted Ripple’s distributed ledger for cross-border treasury payments. Hence, the XRP ETF stance appears to be a logical next step.
In the meantime, the bank is also revamping its wealth management strategy. It has now officially stated that high-net-worth individuals should allocate 1% to 4% of their assets to crypto. This guidance is applicable to Merrill and Bank of America Private Bank divisions. This means that thousands of rich clients could soon be raising their crypto stakes.
It is important to note one key limitation. The 13F filing only includes indirect exposure to crypto. Direct custody of crypto is currently limited by US banking regulations. However, the release is a clear indication of the bank’s increasing confidence in digital assets.
This is attracting the attention of the wider market. If a bank of this size is submitting exposure to altcoins in regulatory filings, it’s important. Moreover, it gives XRP and Solana an investable status. This may inspire other institutions to take a similar route.
To sum up, the Bank of America Q1 2026 13F disclosure is a groundbreaking disclosure. It reveals that institutional crypto adoption is progressing past Bitcoin and Ethereum. Moreover, it demonstrates that other cryptocurrencies, such as XRP and Solana, are making a serious move on Wall Street.