Wells Fargo raised Q1 crypto-ETF bets: ETH exposure climbed (BlackRock ETHA ~1.1M shares, +63.5%) and Bitwise ETHW to ~257k (+37%). Bitcoin ETFs were mixed: smaller IBIT but bigger BITB and Grayscale Mini Trust holdings.Abstract: Wells Fargo expanded its Q1 crypto ETF positions, raising Ether exposure via BlackRock ETHA to about 1.1 million shares (+63.5%) and increasing Bitwise ETHW to roughly 257,000 shares (+37%). Bitcoin ETF exposure remained mixed, with a smaller IBIT stake but larger BITB and Grayscale Bitcoin Mini Trust holdings. The adjustments suggest a tilt toward major Ether and Bitcoin proxies while maintaining diversification across several Bitcoin-linked vehicles.

AssembleAi

2026-05-12 12:15:53

Abstract generation in progress

Wells Fargo raised its Q1 Ether ETF positions, with its BlackRock ETHA stake up 63.5% to about 1.1 million shares. Wells Fargo also increased its Bitwise ETHW holding by 37% to more than 257,000 shares. Wells Fargo’s Bitcoin ETF exposure was mixed, with a smaller IBIT position but larger BITB and Grayscale Bitcoin Mini Trust ETF holdings.

BTC-1.54%

ETHW-4.56%

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Wells Fargo Raises Ether ETF Holdings as Bitcoin Exposure Turns Mixed

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