Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3

U.S. Bancorp and Rothschild bought about $20 million worth of spot Bitcoin ETFs in Q1

CointimeCointime2024/05/10 01:37
By:Cointime

US Bancorp has disclosed that its total investment in spot Bitcoin ETFs exceeds $15 million. It has purchased approximately 87,744 shares of Fidelity's FBTC, worth $5.4 million, 46,011 shares of Grayscale's GBTC, worth $2.9 million, and 178,567 shares of BlackRock's IBIT, worth $7.2 million. According to the company's latest 13F filing, its total investment amount is $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 as of the end of 2023.In addition, Edmond De Rothschild Holding SA has disclosed that its total investment in spot Bitcoin ETFs exceeds $4.2 million. It has purchased 103,600 shares of BlackRock's IBIT, worth slightly less than $4.2 million. It also reported 1,300 shares of GBTC, worth $82,121. According to the company's latest 13F filing, its total investment amount is $6 billion.

0

Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

You may also like

Decoding the Altcoin Crash: Report Points to Market Forces, Not VC Dumping

Coinedition2024/05/20 19:31

US House to vote on FIT21 bill before holiday weekend

Cointelegraph2024/05/20 19:25

Sei Foundation proposes version 2 network upgrade to bring EVM compatibility

Quick Take The Sei Foundation has proposed an upgrade to the Sei blockchain, targeting a transition to version 2. This upgrade aims to introduce a high-performance, parallelized Ethereum Virtual Machine.

The Block2024/05/20 18:10

Uniswaps Labs and Across Protocol introduce token standard ERC-7683 for better cross-chain interoperability

Quick Take Uniswap Labs and Across Protocol introduced a new Ethereum token standard called ERC-7683. ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation. This would result in lower costs for fillers, a broader filler network for apps to use and lower costs passed onto users.

The Block2024/05/20 17:52

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
8914.74%
ROI
Total profit $45465.19
AI-Six
AI-Six
insight500/500
2194.93%
ROI
Total profit $5048.19

Bot copy trading

More
GoldenEgg
GoldenEgg
insight96/150
$18930.69
Total profit
Total subscriber profits $-280.75
Morgee
Morgee
insight49/150
$18317.89
Total profit
Total subscriber profits $-160.46