Wells Fargo add more exposure to Ether ETF, carry ETHA go 1.1 million shares

Wells Fargo don increase im exposure to Ether ETF for Q1 2026, according to dia latest U.S. SEC 13F. Dem holdings for BlackRock’s iShares Ethereum Trust (ETHA) climb 63% quarter-on-quarter to about 1.1 million shares as of March 31. Wells Fargo still add more for the Bitwise Ethereum ETF (ETHW), up about 37% to over 257,000 shares. The move dey notable because Ethereum market weak and reports say people dey withdraw from spot Ether ETF during the same period. Still, the 13F no clear whether dem hold the positions for clients or for internal portfolios. Wells Fargo Bitcoin ETF allocation dey more uneven. Dem small reduce iShares Bitcoin Trust (IBIT) but still keep am as the biggest crypto ETF position (around $250 million). Dem also increase other Bitcoin vehicles, including Bitwise Bitcoin ETF Trust and Grayscale Bitcoin Mini Trust. Outside ETFs, Wells Fargo sharply cut Galaxy Digital exposure while more than double im stake in Strategy. For traders, the main gist be say this Ether ETF build dey give support to ETH exposure from one traditional bank, even as near-term spot demand signals remain mixed. Make una watch ETH to see if e follow-through if broader institutional flows continue to rotate toward regulated Ether ETF products.