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Barclays lifts BlackRock Bitcoin ETF holdings to $187 million as Citigroup adds $119 million Fidelity stake

Barclays expanded its position in BlackRock's spot Bitcoin ETF by 48% to $187 million in the third quarter, while Citigroup revealed a new $119 million stake in Fidelity's Bitcoin ETF, according to recent 13F filings.

Logos of Barclays and Citi displayed in yellow against a black background.
Image: @CoinDesk

Major financial institutions are continuing to build exposure to spot Bitcoin exchange-traded funds. Barclays reported holding a $187 million stake in BlackRock's iShares Bitcoin Trust (IBIT) as of Sept. 30, marking a 48% increase during the third quarter, according to regulatory 13F filings.[1][2][3]

During the same reporting period, Citigroup disclosed a new $119 million position in Fidelity's Wise Origin Bitcoin Fund (FBTC).[1][2][3]

With these positions registered, banks represent 4.9% of all reported spot Bitcoin ETF holdings among early third-quarter filers, CoinDesk reported.[1]

Key facts

  • Barclays held a $187 million stake in BlackRock's Bitcoin ETF (IBIT) as of Sept. 30, representing a 48% increase in Q3.
  • Citigroup revealed a new $119 million position in Fidelity's Bitcoin ETF (FBTC) as of Sept. 30.
  • Banks account for 4.9% of reported spot Bitcoin ETF holdings among early Q3 13F filers.

Sources · 3 sources

  1. CO

    CoinDesk@CoinDeskPost on X ·

    JUST IN: @Barclays’ $IBIT holdings up 48% in Q3 to $187M as @Citi adds a new $119M $FBTC position, with banks now accounting for 4.9% of reported spot $BTC ETF holdings among early Q3 filers, per 13F filings. https://t.co/WxEHpNXQPw

    Open source
  2. CT

    Coin TelegraphArticle ·

    Barclays boosts BlackRock Bitcoin ETF stake 48% as banks expand holdings Barclays reported a $187 million stake as of Sept. 30, while Citigroup disclosed a new $119 million position in Fidelity’s Bitcoin ETF.

    Open source
  3. CB

    Crypto BriefingArticle ·

    Barclays lifts IBIT stake 48% to $187M as Citi opens $119M FBTC position Traditional finance's growing embrace of Bitcoin ETFs signals a shift towards mainstream acceptance, potentially influencing broader market dynamics. The post Barclays lifts IBIT stake 48% to $187M as Citi opens $119M FBTC position appeared first on Crypto Briefing .

    Open source