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Barclays and Citi Increase Bitcoin ETF Holdings

Barclays increased its stake in BlackRock's iShares Bitcoin Trust (IBIT) by 48%, to a position worth $187 million. Citigroup also increased its holdings in Fidelity's Wise Origin Bitcoin Fund (FBTC) by around $119 million, bringing its total holdings to approximately $521,000 shares. These changes reflect a growing institutional interest in Bitcoin ETFs, with total institutional holdings in spot Bitcoin ETFs reaching $5.25 billion, up from $3.35 billion in the previous quarter.

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Barclays and Citi Increase Bitcoin ETF Holdings · Coin News Pot