Banks are quietly stacking Bitcoin ETFs 🏦
Fresh Q3 13F filings:
• Barclays grew its IBIT stake 48% by shares, to 3.94M shares worth ~$187M• Citi opened a new ~$119M FBTC position and added ~50% to its IBIT shares (521K)
• Total bank holdings among early filers: $258M, up from $107M last quarter
• Institutional spot BTC ETF holdings overall: $5.25B (advisers still 66.6% of that)
Catch: these are Sept 30 snapshots, before BTC slid to ~$73.7K. And the rest of the 13Fs land by Nov 17, so the totals can still move.
My read: retail is quiet, but TradFi is still building positions. That gap is usually worth paying attention to.
If you want to see who's actually adding size in real time, the whale feed on TradeAssi tracks big positions as they open.
Bullish signal, or just banks serving client demand?
Source: https://tradeassi.com/en/news/228e30f5-0705-441c-bb3d-ff76302eda2c
#Bitcoin #BTC #ETF
Fresh Q3 13F filings:
• Barclays grew its IBIT stake 48% by shares, to 3.94M shares worth ~$187M• Citi opened a new ~$119M FBTC position and added ~50% to its IBIT shares (521K)
• Total bank holdings among early filers: $258M, up from $107M last quarter
• Institutional spot BTC ETF holdings overall: $5.25B (advisers still 66.6% of that)
Catch: these are Sept 30 snapshots, before BTC slid to ~$73.7K. And the rest of the 13Fs land by Nov 17, so the totals can still move.
My read: retail is quiet, but TradFi is still building positions. That gap is usually worth paying attention to.
If you want to see who's actually adding size in real time, the whale feed on TradeAssi tracks big positions as they open.
Bullish signal, or just banks serving client demand?
Source: https://tradeassi.com/en/news/228e30f5-0705-441c-bb3d-ff76302eda2c
#Bitcoin #BTC #ETF