🚨 Crypto News 🚨
MAJOR BANKS EXPAND THIRD-QUARTER HOLDINGS IN SPOT BITCOIN ETFS 📈
Major banks like Barclays and Citigroup significantly increased their third-quarter holdings in spot Bitcoin ETFs, such as BlackRock's IBIT and Fidelity's FBTC. 🏦
Bank exposure grew to $258 million as wealth platforms increasingly allowed financial advisers to recommend these digital asset products to clients. 💼
While these preliminary filings reflect both fresh institutional investment and Q3 Bitcoin price gains, analysts caution that subsequent Q4 market declines have since triggered outflows. 📉
For more information, please refer to official #CryptosCoinDesk channels.
Disclaimer:
CryptosCoinDesk Forex Corporation is regulated by the Bangko Sentral ng Pilipinas (BSP). This content is for informational purposes only and not financial or investment advice. Virtual assets are highly volatile and may result in financial loss. CryptosCoinDesh does not guarantee profits.
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MAJOR BANKS EXPAND THIRD-QUARTER HOLDINGS IN SPOT BITCOIN ETFS 📈
Major banks like Barclays and Citigroup significantly increased their third-quarter holdings in spot Bitcoin ETFs, such as BlackRock's IBIT and Fidelity's FBTC. 🏦
Bank exposure grew to $258 million as wealth platforms increasingly allowed financial advisers to recommend these digital asset products to clients. 💼
While these preliminary filings reflect both fresh institutional investment and Q3 Bitcoin price gains, analysts caution that subsequent Q4 market declines have since triggered outflows. 📉
For more information, please refer to official #CryptosCoinDesk channels.
Disclaimer:
CryptosCoinDesk Forex Corporation is regulated by the Bangko Sentral ng Pilipinas (BSP). This content is for informational purposes only and not financial or investment advice. Virtual assets are highly volatile and may result in financial loss. CryptosCoinDesh does not guarantee profits.
$ONE
$BARD
$BTC