Global banks are actively expanding Bitcoin ETF holdings! Barclays Bank has disclosed a $131 million investment in BlackRock's iShares Bitcoin Trust (IBIT), according to its latest 13F filing with the U.S. Securities and Exchange Commission. The UK-based institution holds 2,473,064 IBIT shares, marking a significant move into the Bitcoin ETF market. This purchase occurred during the fourth quarter of 2024, a period that saw a surge in Bitcoin prices following U.S. President Donald Trump's pro-Bitcoin stance. Barclays' investment aligns with a broader trend of institutional adoption of crypto-related products. Other major banks, including Goldman Sachs and JPMorgan, have also expanded their Bitcoin ETF holdings. In January 2025, U.S. Bitcoin ETFs experienced a massive $5 billion in inflows, with BlackRock's IBIT attracting $3.2 billion of that total.
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Global banks are actively expanding Bitcoin ETF holdings!
Barclays Bank has disclosed a $131 million investment in BlackRock's iShares Bitcoin Trust (IBIT), according to its latest 13F filing with the U.S. Securities and Exchange Commission. The UK-based institution holds 2,473,064 IBIT shares, marking a significant move into the Bitcoin ETF market. This purchase occurred during the fourth quarter of 2024, a period that saw a surge in Bitcoin prices following U.S. President Donald Trump's pro-Bitcoin stance.
Barclays' investment aligns with a broader trend of institutional adoption of crypto-related products. Other major banks, including Goldman Sachs and JPMorgan, have also expanded their Bitcoin ETF holdings. In January 2025, U.S. Bitcoin ETFs experienced a massive $5 billion in inflows, with BlackRock's IBIT attracting $3.2 billion of that total.