Barclays reports $131m exposure to BlackRock’s Bitcoin ETF

Barclays Bank revealed a position of $ 131 million in Ishares Bitcoin Trust in BlackRock, according to his latest file 13F with the American Securities and Exchange.

The Institution based in the United Kingdom hold 2,473,064 Ibit shares, marking a move in the Bitcoin ETF walk.

The purchase took place during the fourth quarter of 2024, covering from October to December. This period coincided with a post-electoral overvoltage in Bitcoin (BTC) Price according to the American president Donald TrumpPro-bitcoin stance.

Barclays’ decision adds to an increasing tendency to institutional adoption of the products related to the crypto. Other large banks, including Goldman Sachs and JP Morgan, have also expanded their Bitcoin ETF holdings.

Goldman Sachs recently reported An increase in exposure to Bitcoin ETF, while JP Morgan Holdings disclosed Valued at nearly a million dollars.

The larger American FNB Bitcoin FNB market experienced strong entrances in January 2025.

The Ibit of Blackrock led with 3.2 billion dollars in net entries, followed by the Bitcoin fund of Fidelity in Fidelity with $ 1.3 billion, according to Farside Investors.

As of February 14, Bitcoin was negotiated at $ 97,241. The entry of Barclays into the Bitcoin ETF market highlights the growing role of traditional financial institutions in digital asset investments.