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U.S. Bancorp and Rothschild & Co disclosed that their Bitcoin ETF spot purchases for the first quarter amounted to approximately 20 million U.S. dollars

U.S. Bancorp and Rothschild & Co disclosed that their Bitcoin ETF spot purchases for the first quarter amounted to approximately 20 million U.S. dollars

Bitget2024/05/10 01:13
By:Bitget

Media reports, according to 13F filings, several institutional investors have disclosed their purchases of spot Bitcoin ETFs, with a total amount of about 20 million US dollars. Among them, US Bancorp disclosed on May 8 an investment in spot Bitcoin ETFs worth over 15 million US dollars. The company revealed that it purchased approximately 87,744 shares of Fidelity's FBTC stock valued at $5.4 million, 46,011 shares of Grayscale's GBTC stock valued at $2.9 million and also bought around178,567 shares of BlackRock's IBIT worth $7.2 million. According to the latest 13F filing, the company's total investment is $71 billion.

Edmond De Rothschild Holding SA separately disclosed on May 9 an investment in spot Bitcoin ETFs worth over $4.2 million USD . The company reported holding103 ,600 shares of BlackRock’s IBIT stocks slightly less than$4 .2million USD . It also reported1 ,300sharesofGBTCstocksvaluedat$82 ,121USD.Accordingtothelatest13Ffiling,the company’s total investments are6billionUSD.

In addition,Hightower Advisors,SouthState Bank,Susquehanna International Group,BNP Paribas,Burkett Financial Services,and Legacy Wealth Asset Management have all purchasedETFs.Meanwhile,MassMutualreportedthatonMay9,itcontinuedtoinvestinGrayscale’sBitcoinTrust(GBTC), investing227sharesworth$14 ,340USD.

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