POPA ReconWells Fargo Boosts Ethereum ETF Holdings By 63% To 1.1M Shares In Q1
Wells Fargo Boosts Ethereum ETF Holdings By 63% To 1.1M Shares In Q1 Wells Fargo significantly increased its exposure to Ethereum ETFs during Q1 2026, raising its stake in BlackRock’s ETHA ETF by over 63% to nearly 1.1M shares. The bank also boosted its holdings in Bitwise’s Ethereum ETF by 37%. While slightly trimming its position in BlackRock’s IBIT, Wells Fargo expanded exposure to other Bitcoin products, including Bitwise’s BITB and Grayscale’s Bitcoin Mini Trust ETF, signaling a more diversified crypto allocation strategy. Outside ETFs, the bank more than doubled its stake in Strategy…
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