The post Bank of America Boosts Bitcoin ETF, Cutting Ether and Solana Exposure appeared first on Coinpedia Fintech News
Bank of America increased its stake in BlackRock’s IBIT Bitcoin ETF to roughly $37 million during the first quarter, according to its latest regulatory filing. The bank also disclosed nearly $53 million in total crypto ETF exposure while reducing positions tied to Ethereum and Solana funds. The shift suggests growing institutional confidence in Bitcoin compared …