Bank of America Backs Bitcoin Over Ethereum and Solana
May 24, 2026 at 08:06
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✦ AI Summary
- Bank of America shifts focus exclusively to Bitcoin
- Latest SEC filing reveals reduced interest in Ethereum and Solana
- The move signals a strategic direction in cryptocurrency investment
In a significant shift within the cryptocurrency landscape, Bank of America has chosen to concentrate its investments on Bitcoin, sidelining Ethereum and Solana. According to the bank's most recent Q1 13F filing with the SEC, this decision reflects a strategic realignment towards what they perceive as a more stable asset in the volatile crypto market.
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