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 …
Why did the SOL and XRP ETFs saw only inflows, while the BTC and ETH counterparts were deep in the red? Bitcoin’s price breakout attempts were halted on a few occasions at $82,000 in […]
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and […]
Institutional holders quietly added roughly 26,600 BTC to ETF positions during the recent recovery, a 2% increase in total holdings. Bitcoin (BTC) touched $76,000 on March 17 to register its highest price level since […]
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