The multinational banking giant Barclays holds nearly $137 million worth of BlackRock’s iShares Bitcoin exchange-traded fund (ETF).
The London-headquartered bank disclosed it holds 2,473,064 shares of BlackRock’s IBIT fund in a recent quarterly filing submitted to the U.S. Securities and Exchange Commission (SEC).
IBIT, the largest Bitcoin (BTC) ETF in terms of assets under management (AUM), is priced at $55.33 at time of writing, meaning Barclays’ holdings are worth around $136.8 million.
Barclays also recently disclosed in a 2024 annual report that the United Kingdom’s Financial Conduct Authority (FCA) is probing the bank over potential anti-money laundering rule violations.
Explains the firm,
“The FCA’s investigation focuses primarily on the historical oversight and management of certain customers with heightened risk. Barclays has been cooperating with the…
