According to the latest 13F filing with the US Securities and Exchange Commission, Barclays Bank has revealed the status of $ 131 million in Blackrock’s Ishras Bitcoin Trust.
UK-based institution Keeps 2,473,064 ibit shares, marking a step in the bitcoin ETF market.
The procurement took place during the fourth quarter of 2024, which was covered on October through December. The period occurred with a post -election increase in the prices of bitcoin (BTC) after the Bitcoin stance of US President Donald Trump.
The move of Barclays combines the increasing trend of institutional adoption of crypto-related products. Other major banks including Goldman Sachs and JP Morgan have also expanded their bitcoin ETF holdings.
Goldman Sachs recently reported an increase in bitcoin ETF exposure, while JP Morgan revealed the price of about $ 1 million.
In January 2025, there was a strong flow in the broad American bitcoin ETF market.
Blackrock’s Ibit led $ 3.2 billion to the net flow, followed by the Vizhin Bitcoin Fund of Fidelity with $ 1.3 billion, according to the Persian Investors.
As of 14 February, Bitcoin is trading at $ 97,241. The entry of barclal in the bitcoin ETF market highlights the increasing role of traditional financial institutions in digital asset investments.
