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XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

U.S. Bancorp and Rothschild & Co. jointly purchased approximately $20 million worth of spot Bitcoin ETFs in Q1

2024-05-10 08:49:12
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ChainCatcher news, according to CryptoSlate, US Bancorp has disclosed that its total investment in spot Bitcoin ETFs exceeds $15 million. It purchased approximately 87,744 shares of Fidelity's FBTC, valued at $5.4 million, 46,011 shares of Grayscale's GBTC, valued at $2.9 million, and 178,567 shares of BlackRock's IBIT, valued at $7.2 million. According to the company's latest 13F filing, its total investment amounts to $71.8 billion. US Bancorp is one of the largest bank holding companies in the United States, with assets under management (AUM) exceeding $663 billion by the end of 2023.

Additionally, Edmond De Rothschild Holding SA has disclosed that its total investment in spot Bitcoin ETFs exceeds $4.2 million. It purchased 103,600 shares of BlackRock's IBIT, valued at just under $4.2 million. It also reported holding 1,300 shares of GBTC, valued at $82,121. According to the company's latest 13F filing, its total investment amounts to $6 billion.

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