Major United States-based financial services firm Wells Fargo has disclosed investments in Bitcoin ( BTC ) exchange-traded funds offered by Grayscale and ProShares.

In a May 10 filing with the U.S. Securities and Exchange Commission (SEC), Wells Fargo reported it held 37 shares of the ProShares Bitcoin Strategy ETF, which offers exposure to BTC futures , and 2,245 shares of Grayscale Bitcoin Trust, which was converted to an ETF. The firm also reported 52 shares in Bitcoin Depot, a crypto ATM provider.

The total value of the three Bitcoin-related investments was $143,111, a significantly small holding for the major bank. Wells Fargo reported roughly $1.7 trillion in assets as of June 2023, making it the third-largest bank in the U.S. by holdings. The SEC added that observers should not assume that the information provided by the financial firm was "accurate and complete.”

This is a developing story, and further information will be added as it becomes available.