Data: Bank of America significantly reduced its holdings in MSTR by 70% in Q2, while ETHA's position surged to 29 times

Bank of America Q2 13F filing shows that as of June 30, its position in Strategy (MSTR) decreased from approximately 3.97 million shares at the end of the first quarter to about 1.18 million shares, representing a reduction of about 70% in terms of share count.

At the same time, its BlackRock spot Ethereum ETF (ETHA) position increased from approximately 67,500 shares to about 1.98 million shares, with the number of shares increasing to nearly 29 times prior, with a reported value of approximately $23.6 million at the end of Q2.