Banks Dump BTC for ETH Under New Basel Rules
The banking sector has undergone significant changes in its approach to cryptocurrency investments since the introduction of new Basel rules.
Data from Woofun AI shows that Bank of America's Bitcoin exposure has plummeted, while Ethereum and stablecoins have seen a surge.
In the Americas, client-related business volume surged by 93%, reaching €6.4 billion in the second half of 2025, but Europe contracted by 25% to €1.9 billion over the same period.
The biggest beneficiary of this shift has been Ethereum, which now accounts for 38.5% of risk exposure in the Americas, while Bitcoin's share has plummeted from 75.8% to 44.2%.