🏦 Barclays increases its holdings in BlackRock’s Bitcoin ETF by 48%
According to the latest report, Barclays disclosed holdings worth $187 million in BlackRock’s Bitcoin ETF as of September 30, up 48% from the previous reporting period.
Barclays wasn’t the only one: Citigroup also recently appeared with a new position worth $119 million in Fidelity’s Bitcoin ETF. This means another major traditional bank has officially entered the space through ETF products.
For traders, this signals that institutional inflows around $BTC are still expanding, although these figures reflect only the end of Q3, not current activity. Further 13F filings should be monitored to see whether the trend continues.
What impact do you think major banks piling into Bitcoin ETFs will have on the market in the coming months? (Not investment advice)
#hoangducinvest #Bitcoin #ETF
Source: Cointelegraph
According to the latest report, Barclays disclosed holdings worth $187 million in BlackRock’s Bitcoin ETF as of September 30, up 48% from the previous reporting period.
Barclays wasn’t the only one: Citigroup also recently appeared with a new position worth $119 million in Fidelity’s Bitcoin ETF. This means another major traditional bank has officially entered the space through ETF products.
For traders, this signals that institutional inflows around $BTC are still expanding, although these figures reflect only the end of Q3, not current activity. Further 13F filings should be monitored to see whether the trend continues.
What impact do you think major banks piling into Bitcoin ETFs will have on the market in the coming months? (Not investment advice)
#hoangducinvest #Bitcoin #ETF
Source: Cointelegraph