Barclays boosts BlackRock Bitcoin ETF stake 48% as banks expand holdings
Summary
Major financial institutions are expanding their exposure to the digital asset market. Recent regulatory filings reveal that Barclays significantly increased its investment in a spot Bitcoin fund, while Citigroup also established a new position in a competing product.
Barclays reported a $187 million stake as of Sept. 30, while Citigroup disclosed a new $119 million position in Fidelity’s Bitcoin ETF.
Source: Read the full story at Cointelegraph.com News
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