Wells Fargo Increases Ethereum ETF Holdings in Q1 2026

According to the latest 13F filing from Wells Fargo, the bank increased its positions in several spot Ethereum ETFs during the first quarter of 2026, including BlackRock’s ETHA and Bitwise’s ETHW. Holdings in ETHA rose from 672,600 shares to 1.1 million shares, an increase of approximately 63.5%; holdings in ETHW increased from 186,800 shares to 257,000 shares, an increase of approximately 37%. As of the end of the first quarter, Wells Fargo’s total value of ETH ETF holdings was approximately $21.5 million. Positions in Bitcoin ETFs showed divergence: IBIT holdings slightly decreased, while BITB and the Grayscale Bitcoin Mini Trust ETF saw increases of approximately 24% and 41%, respectively, with IBIT holdings totaling approximately $250 million. Additionally, the bank reduced its position in Galaxy Digital by approximately 97%, while its position in Strategy increased from 322,700 shares to 726,000 shares, an increase of approximately 125%.