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2026-05-24 22:37:31 CEST

RWATimes on Nostr: 📰 Bank of America invested $53 million in crypto funds in the first quarter. ...

📰 Bank of America invested $53 million in crypto funds in the first quarter.
🗓️ May 24 2026 13:04 UTC - Елена Боева

Bank of America increased its stake in BlackRock's spot Bitcoin ETF by $53 million in the first quarter.

➤ Bank of America significantly increased its investment in crypto funds during the first quarter, with a primary focus on BlackRock's spot Bitcoin ETF (IBIT).
➤ The bank's investments also extended to ETFs related to Ethereum, XRP, and Solana, though these positions were smaller.
➤ This move aligns with Bank of America's generally positive stance on cryptocurrencies, including its recent recommendation to clients to invest in digital assets.

#bankofamerica #bitcoinetf #blackrock #ibit #cryptofunds #investment #ethereum #xrp #solana

🔗 Read more at: https://rwatimes.io/articles/happycoin-bank-of-america-invested-53-million-in-crypto-funds-in-the-first-quarter-3972499323