Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bank of America reports $53M crypto ETF exposure, boosting Bitcoin ETF holdings in Q1 2026 filing

Market News
24 May 2026
Crypto news
View Source
Neutral
pluang ai news

Bank of America disclosed about $53 million in crypto ETF holdings in its Q1 2026 13F filing, with BlackRock’s iShares Bitcoin Trust (IBIT) as the largest position at around $37 million. The bank increased its Bitcoin ETF exposure while reducing allocations in Ether and Solana ETFs, signaling a focus on Bitcoin products. Smaller Bitcoin ETF stakes were held in Bitwise, Grayscale, and Fidelity products. Notably, the bank’s equity position in Strategy (formerly MicroStrategy), valued near $660 million, dwarfs its direct crypto ETF exposure. This filing reflects a broader institutional trend toward regulated crypto products as preferred digital asset exposure.

More News (XRP)

XRP shows signs of a bullish breakout despite market panic and bearish sentiment.

XRP shows signs of a bullish breakout despite market panic and bearish sentiment.

Despite widespread panic and bearish sentiment in the crypto market, XRP is forming a classic tightening wedge pattern that often precedes a strong price move. Currently trading around $1.36, XRP's price is pressing above a key resistance level near ...

Analyst Insights
Bullish
4 hours ago
XRP remains stuck in a $1.33-$1.49 range with bearish bias but rebound possible if resistance breaks.

XRP remains stuck in a $1.33-$1.49 range with bearish bias but rebound possible if resistance breaks.

XRP is trading in a tight range between $1.33 and $1.49, showing a bearish consolidation with weak momentum as it stays below its 200-day moving average. AI models indicate that while sellers currently control the market, repeated support at $1.33 su...

Technical Signals
Neutral
6 hours ago
XRP Ledger amendment nears activation with rare 100% validator consensus by May 27, 2026.

XRP Ledger amendment nears activation with rare 100% validator consensus by May 27, 2026.

The XRP Ledger is set to activate a key amendment called "fixCleanup3_1_3" by May 27, 2026, after achieving a rare unanimous 100% consensus among validators. This amendment includes bug fixes and improvements for NFTs, Permissioned Domains, Vaults, a...

Protocol Fundamentals
Bullish
13 hours ago
XRP exchange reserves drop to 2.7B, signaling strong buying despite price slump amid market volatility.

XRP exchange reserves drop to 2.7B, signaling strong buying despite price slump amid market volatility.

XRP's exchange reserves fell from about 2.74 billion to 2.7 billion XRP in one day, indicating over 35 million XRP were withdrawn from exchanges. This decline suggests increased buying activity by retail and institutional traders, even as XRP's price...

Technical Signals
Bullish
16 hours ago
XRP whale transactions drop 57%, price coils tightly between $1.29-$1.54 ahead of potential breakout.

XRP whale transactions drop 57%, price coils tightly between $1.29-$1.54 ahead of potential breakout.

Large XRP transactions over $1 million have fallen sharply by 57.3% in nine days, signaling a market pause rather than collapse. XRP price is consolidating between resistance at $1.54 and support near $1.29 with fading volume and an RSI near oversold...

Technical Signals
Neutral
19 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App