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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.

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