Barclays Reveals $131M Bitcoin Holdings via IBIT Shares
Barclays discloses $131M in Bitcoin holdings through IBIT shares in its latest 13F filing, signaling growing institutional crypto adoption.
- Barclays holds $131M in Bitcoin via IBIT shares.
- The disclosure was made in its latest 13F filing.
- Institutional interest in Bitcoin continues to grow.
Barclays, one of the largest financial institutions, has disclosed its Bitcoin exposure, holding approximately $131 million worth of BTC through IBIT shares. This revelation was made in the bank’s latest 13F filing, a mandatory disclosure for large institutional investors in the U.S.
Barclays’ Bitcoin Exposure
The 13F filing shows that Barclays has acquired a significant amount of shares in the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock. IBIT allows institutions to gain exposure to Bitcoin without directly holding the cryptocurrency, reducing risks associated with custody and regulation.
Source : https://x.com/Cointelegraph/status/1890257158438285637
Institutional Adoption on the Rise
Barclays’ investment in IBIT further highlights the growing confidence of traditional financial institutions in Bitcoin. With major banks and asset managers entering the crypto space, Bitcoin’s status as a legitimate asset class continues to strengthen. Other major institutions, including BlackRock, Fidelity, and Morgan Stanley, have also disclosed Bitcoin-related investments through ETFs.
What This Means for Bitcoin
The disclosure of Barclays’ Bitcoin holdings is a strong signal of increasing institutional demand. As more traditional financial entities participate in the market, Bitcoin’s adoption and mainstream acceptance are likely to grow. This trend could contribute to Bitcoin’s price stability and long-term valuation.
