In its latest 13F filing, the Bank of America (NYSE: BAC) has disclosed a massive indirect exposure to Bitcoin (BTC), XRP, Ethereum (ETH), and Solana (SOL) and a direct exposure to several crypto companies.
The Wall Street banking giant’s filing with the Securities and Exchange Commission (SEC) reveals investments in exchange traded funds (ETFs) linked to cryptocurrencies and holdings in crypto companies like Strategy (Nasdaq: MSTR) and Block, Inc. (NYSE: XYZ)
ALT5 Sigma Corporation ALT5 Sigma Corporation (Nasdaq: ALTS) is a crypto infrastructure firm that holds the Trump family-linked World Liberty Financial (WLFI) tokens in its treasury. BofA holdings: over $357,000 American Bitcoin American Bitcoin (Nasdaq: ABTC) is a Bitcoin mining company founded by President Donald Trump’s sons. BofA holdings: over $79,000 ARK 21Shares Bitcoin ETF ARK 21Shares Bitcoin ETF (CBOE: ARKB) is a spot Bitcoin ETF issued jointly by Cathie Wood’s ARK Invest and 21Shares.
As of May 18, the fund held $2.55 billion in net assets. BofA holdings: around $203,000 Bit Digital Bit Digital, Inc. (Nasdaq: BTBT) is a Bitcoin (even Ethereum until the transition to the proof-of-stake mechanism in 2022) miner-turned-Ether treasury and staking firm. The company, like most miners, is abandoning these operations to pivot to artificial intelligence (AI).