U.S. Bancorp and Rothschild & Co disclosed that their Bitcoin ETF spot purchases for the first quarter amounted to approximately 20 million U.S. dollars
Media reports, according to 13F filings, several institutional investors have disclosed their purchases of spot Bitcoin ETFs, with a total amount of about 20 million US dollars. Among them, US Bancorp disclosed on May 8 an investment in spot Bitcoin ETFs worth over 15 million US dollars. The company revealed that it purchased approximately 87,744 shares of Fidelity's FBTC stock valued at $5.4 million, 46,011 shares of Grayscale's GBTC stock valued at $2.9 million and also bought around178,567 shares of BlackRock's IBIT worth $7.2 million. According to the latest 13F filing, the company's total investment is $71 billion.
Edmond De Rothschild Holding SA separately disclosed on May 9 an investment in spot Bitcoin ETFs worth over $4.2 million USD . The company reported holding103 ,600 shares of BlackRock’s IBIT stocks slightly less than$4 .2million USD . It also reported1 ,300sharesofGBTCstocksvaluedat$82 ,121USD.Accordingtothelatest13Ffiling,the company’s total investments are6billionUSD.
In addition,Hightower Advisors,SouthState Bank,Susquehanna International Group,BNP Paribas,Burkett Financial Services,and Legacy Wealth Asset Management have all purchasedETFs.Meanwhile,MassMutualreportedthatonMay9,itcontinuedtoinvestinGrayscale’sBitcoinTrust(GBTC), investing227sharesworth$14 ,340USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin, altcoins sell-off as Fed chair switch-up, AI bubble fears spook markets
From yen rate hikes to mining farms shutting down, why is bitcoin still falling?
The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.
The Economist: The Real Threat of Cryptocurrency to Traditional Banks
The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.
Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss
The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.
Trending news
MoreCrypto prices
More
