The post US Bank reports $24 million holdings in Bitcoin ETFs in latest SEC filing appeared on BitcoinEthereumNews.com.

US Bank, with assets under management of $472 billion, reported holding $24 million in Bitcoin ETFs. In its SEC filing last year, the bank reported holdings of $14 million.  In the latest US Bank SEC filing, US Bank revealed it held $24 million in Bitcoin ETFs. The new report indicates a $10 million increase since its last filing of $14 million. According to etf.com data, Bitcoin ETFs collectively accumulated $1.1 billion in the five trading days ending Tuesday.  US Bank increases Bitcoin ETF holdings by $10 million  🇺🇸US Bank reports $24 million holdings in #Bitcoin ETFs, up from its previous $14 million according to its latest SEC filings 👀 And you thought it was over? pic.twitter.com/dFPJFeUKKA — Gordon (@AltcoinGordon) February 6, 2025 In the February 5 SEC filing, US Bank revealed it had increased its holdings in Bitcoin ETFs across different funds. The funds listed in US Bank’s Security and Exchange Commission (SEC), form 13F, included the Grayscale Bitcoin Trust ETF, Grayscale Bitcoin Mini Trust, iShares Bitcoin Trust ETF, and Fidelity Wise Origin Trust. In November 2024, 206 companies listed in the United States revealed in their 13F filings they had invested in spot Bitcoin ETF shares. The new inclusions in the filings were JP Morgan Chase, Goldman Sachs, Bank of Canada, UBS Group, Bank of America, and HSBC. Goldman Sachs revealed it held over $700 million in spot Bitcoin ETF shares across five funds. The company added its largest holding was in BlackRock’s ETF, with an investment of over $461 million. HSBC indicated it held over $7 million in Bitcoin ETF across different funds.  According to etf.com data, Bitcoin ETFs experienced a surge in inflows amid market volatility, which is fueled by Trump’s administration policy shifts. Etf.com flow data revealed that IBIT recorded approximately $900 million last week. FBTC…

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Filed under: News - @ February 6, 2025 11:22 am