Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

Wells Fargo Boosts Bitcoin and Ethereum ETF Holdings in Q1, Cuts Galaxy Digital 97%

GateNews
bitcoin newsethereum news
BTC-1.79%
ETH-2.25%
ETHW-7.83%

According to Bits.media and SEC filings, Wells Fargo increased its holdings in Bitcoin and Ethereum ETFs during Q1 2026. The bank’s Bitcoin ETF investments grew approximately 24% to 41%, with iShares Bitcoin Trust remaining its largest position at around $250 million. Ethereum ETF holdings also expanded, with positions in iShares Ethereum Trust (ETHA) and Bitwise Ethereum ETF (ETHW) rising 63.5% and 37% respectively, totaling approximately $21.5 million. Additionally, Wells Fargo significantly restructured its crypto-related equity holdings, slashing Galaxy Digital shares by 97% from 2.5 million to 78,600 shares, while increasing Strategy holdings by 125% to approximately 726,000 shares.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-12 17:12
Wells Fargo Increases Ether ETF Holdings in Q1 2026, Adjusts Bitcoin Positions
05-12 13:42
Institutional Investors Pour $857.9 Million Into Bitcoin and Crypto Assets in One Week: CoinShares
05-12 10:52
Wells Fargo Boosts Ethereum ETF Holdings by 63.5% in Q1 2026, Increases Strategy Stock by 125%
05-12 06:22
BitMine Adds $62.1M in ETH on May 11, Total Holdings Reach 5.2M Tokens
05-12 04:41
Bitcoin Spot ETFs See $27.2M Net Inflows Yesterday; Ethereum ETFs Decline $17M
In-Depth Analysis

Bitmine Slows ETH Accumulation Below 100K Weekly Pace

Crypto Frontier05-11 15:29

Bitmine holds 5.21 million ETH, Tom Lee predicts cumulative momentum will slow

ChainNewsAbmedia05-11 13:47

Ethereum Whale Exits to Binance, $750M Bitcoin Remains

Crypto Frontier05-11 10:54
Comment
0/400
No comments