According to Barclays' 13F filing, as of September 30, Barclays held 3.94 million shares of BlackRock's Bitcoin Spot ETF (IBIT), an increase of 48% from 2.66 million shares at the end of June, with the holding value rising from approximately $88.5 million to approximately $187 million.
Citigroup established a new position in the Fidelity Bitcoin Spot ETF (FBTC) worth approximately $119 million and increased its IBIT holdings by 50% to approximately 521,000 shares.
According to Bitwise statistics, among the 1,389 institutions that have submitted their Q3 reports, banks held a total of $258 million in Bitcoin spot ETFs, up from 3.2% in Q2 to 4.9%.
