COINTELEGRAPH · 2026-11-11 11:58 UTC

Barclays boosts BlackRock Bitcoin ETF stake 48% as banks expand holdings

Barclays held 3.94 million shares of BlackRock's iShares Bitcoin Trust ETF (IBIT) at end of Q3, worth about $187 million, up 48% in shares from Q2. Citigroup reported a new position of about $119 million in the Fidelity Wise Origin Bitcoin Fund (FBTC) and a 50% rise in its IBIT holdings. Banks' share of reported spot Bitcoin ETF holdings rose to 4.9% from 3.2%, while analysts cautioned that dollar gains partly reflect Bitcoin's price rise and that Q4 saw about $2.1 billion in net outflows.

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