Bank of America Reveals XRP Exposure With 13,000 ETF Shares

Bank of America (BofA) has quietly disclosed a new exposure to the cryptocy XRP through an exchange-traded fund, marking another instance of a major traditional bank dipping its toes into the digital asset ecosystem. According to a U.S. Securities and Exchange Commission filing dated Feb. 3, 2026, BofA holds about 13,000 shares of the Volatility Shares XRP ETF — a position valued at roughly $224,640 at current prices. 

The investment doesn’t represent direct ownership of XRP itself but instead gives the bank regulated exposure to the token’s price movement through a publicly traded product. This approach — using an ETF rather than holding crypto directly — is common among institutional players that want access to digital asset returns while staying within familiar investment frameworks. 

Although the stake is modest relative to BofA’s overall balance sheet, its significance lies in the institution behind it. The move follows broader strategic shifts by the bank: earlier in 2026, BofA began allowing wealth advisors to recommend crypto ETF allocations of up to 1–4 % in client portfolios and has previously worked with Ripple on cross-border payment pilots, highlighting a multi-year interest in blockchain technologies. 

The spot XRP ETF market itself continues to attract capital. On Feb. 3, U.S.-listed XRP ETFs recorded roughly $19.46 million in net inflows, underscoring rising institutional demand even as XRP’s spot price trades under pressure around key levels. 

Market observers say Bank of America’s ETF disclosure reflects a cautious but widening trend of traditional financial institutions embracing digital assets via regulated products, particularly where products offer familiar risk profiles and custody structures.