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Barclays and Citigroup Expand Holdings in Spot Bitcoin Exchange-Traded Funds · Cyprus Report

Business · World

Barclays and Citigroup Expand Holdings in Spot Bitcoin Exchange-Traded Funds

1 sourceFirst reported 4 days agoUpdated 4 days ago

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Barclays increased its stake in BlackRock's Bitcoin ETF by 48% to reach $187 million as of September 30.
The adjustment reflects a broader trend of major traditional banks expanding their holdings in spot cryptocurrency exchange-traded funds.
In addition to Barclays, Citigroup disclosed a new position of $119 million in Fidelity's Bitcoin ETF.

Generated by AI from the 1 sources below · always verify with the originals

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All coverage (1)

Barclays boosts BlackRock Bitcoin ETF stake 48% as banks expand holdingsCointelegraph · 4 days ago

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AI summary: catch up in 20 seconds

Barclays increased its stake in BlackRock's Bitcoin ETF by 48% to reach $187 million as of September 30.
The adjustment reflects a broader trend of major traditional banks expanding their holdings in spot cryptocurrency exchange-traded funds.
In addition to Barclays, Citigroup disclosed a new position of $119 million in Fidelity's Bitcoin ETF.

Generated by AI from the 1 sources below · always verify with the originals