Barclays creates itself as one of the main institutional investors in the Bitcoin ETF sector.
According to the 13F document submitted to the Securities and Stock Exchange Committee (SEC) last Thursday, the World Investment Bank revealed that it carries 2.47 million shares from IBIT, Black Rock Bitcoin ETF, with a total value of $ 131.2 million as of December 31, 2024.
Bitcoin ETF markets with an important mode
This new participation represents an important turning point for Barclays, which in the previous quarter announced only the minimum situation in Bitco Mini Trust Etf of Grayscale.
Now, with a much higher investment in IBIT in Blackrock, the bank confirms its increasing interest in the encrypted currency market, while maintaining relatively content exposure.
In fact, despite the value of $ 131 million, the Barclays participation in IBIT represents only 0.04 % of its total portfolio, which amounted to 356.9 billion dollars at the end of 2024.
The session was acquired at Blackrock Bitcoin ETF during the fourth quarter of 2024, a period of re -election Donald Trump, known for his favorable position in encrypted currencies.
This political scenario may have affected Barclays’s decision to increase his exposure to Bitcoin through an organized ETF, instead of maintaining the encrypted currency directly or relying on other traditional financial tools.
Barclays between the main investors at Ibit Blackrock’s
Barclays holding in Ibit is one of the ten best holders in ETF, according to Fintel data.
However, IBIT is the main well -known institutional investor, Goldman Sachs, with a value of more than 24 million shares estimated at $ 1.3 billion. Goldman Sachs also invested $ 294 million in Fidelity Bitco Etf (FBTC), which raised its total property in the Bitcoin investment funds to more than $ 1.6 billion. Among the other prominent investors are Paul Tudor Jones in Tudor Investment, DRW Securities, and Wisconsin Investment Council.
13F documents are quarterly reports that the Supreme Education Council requires institutional investment managers with at least $ 100 million in stock assets. These documents provide a general overview of the shareholders of the main investors, as it provides an insight into their market strategies.
However, 13F reports only reveal long situations in American stocks and options, without including any short sites or other derivative tools, thus reducing the general view of the approved strategies.
Barclays in IBIT from Blackrock highlights the increasing recognition of Bitcoin permits by traditional financial institutions.
In January 2024, the investment funds circulated in Bitcoin, which SEC agreed to in January 2024, represents a turning point for the institutional accreditation of the encrypted currency, providing an organized alternative to Bitcoin’s direct purchase.
Barclays’s participation strengthens this trend, indicating increased acceptance of currencies encrypted by the traditional banking sector.
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The acquisition of 2.47 million IBIT shares is highlighted by Barclays, a strategic shift in the financial sector, as the main banks have begun to explore the digital asset market more.
Although Barclays’s participation is still a small part of its total portfolio, its entry between the main investors in IBIT in Blackrock can be a greater indication of openness to financial institutions towards the investment funds circulating in Bitcoin, in general, towards the encrypted currency sector.
