Quarterly 13F filings show that Barclays increased its holding in BlackRock’s iShares Bitcoin Trust from 2.66 million to 3.94 million shares, a 48% rise worth $187 million as of September 30. The increase in value was also aided by IBIT’s 41% price gain during the quarter. Citigroup opened a position worth roughly $119 million in Fidelity’s Wise Origin Bitcoin Fund and raised its IBTC stake by about 50% to 521,000 shares. Early filers reported combined bank holdings of $258 million in spot Bitcoin ETFs, up from $107 million in the previous quarter, representing 4.9% of institutional holdings. Advisers remain dominant with $3.5 billion, or 66.6% of the institutional total, but the figures may change as the remaining filings arrive by November 17.
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