<\/p>\n
The multinational banking giant Barclays holds nearly $137 million worth of BlackRock\u2019s iShares Bitcoin exchange-traded fund (ETF).<\/p>\n
The London-headquartered bank disclosed<\/a> it holds 2,473,064 shares of BlackRock\u2019s IBIT fund in a recent quarterly filing submitted to the U.S. Securities and Exchange Commission (SEC).<\/p>\n IBIT, the largest Bitcoin (BTC<\/a>) ETF in terms of assets under management (AUM), is priced at $55.33 at time of writing, meaning Barclays\u2019 holdings are worth around $136.8 million.<\/p>\n Barclays also recently disclosed in a 2024 annual report that the United Kingdom\u2019s Financial Conduct Authority (FCA) is probing the bank over potential anti-money laundering rule violations.<\/p>\n Explains<\/a> the firm,<\/p>\n \u201cThe FCA\u2019s investigation focuses primarily on the historical oversight and management of certain <\/em>customers with heightened risk. Barclays has been cooperating with the investigation.\u201d<\/em><\/p>\n Barclays has shown an interest in the blockchain and digital asset space for years. In 2024, the bank teamed up with other financial institutions and the industry body UK Finance to participate<\/a> in a tokenized deposits pilot project.<\/p>\n And back in 2022, reports emerged<\/a> that Barclays planned to buy a multimillion-dollar stake in Copper, a European crypto firm aiming to provide a secure infrastructure for institutions looking to invest in digital assets. That same year, the bank also backed<\/a> Elwood Technologies, a crypto infrastructure and market data platform founded by billionaire Alan Howard.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The multinational banking giant Barclays holds nearly $137 million worth of BlackRock\u2019s iShares Bitcoin exchange-traded fund (ETF). The London-headquartered bank disclosed it holds 2,473,064 shares of BlackRock\u2019s 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 […]<\/p>\n","protected":false},"author":2,"featured_media":369107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-369101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=369101"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369101\/revisions"}],"predecessor-version":[{"id":369109,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369101\/revisions\/369109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/369107"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=369101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=369101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=369101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n<\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n