Bitcoin

BlackRock

Recent filings with the <a href="https://optimisus.com/news/crypto-news/the-us-sec-opens-comment-period-on-ethereum-etfs-by-grayscale-fidelity-and-bitwise/" rel="noopener noreferrer nofollow">US Securities and Exchange Commission (SEC)</a> show a notable surge in Bitcoin exchange-traded fund (ETF) acquisitions by American banks and financial institutions on Wall Street.  
This suggests a movement towards embracing crypto within the traditional financial industry. The Form 13F filings reveal a more significant institutional involvement in Bitcoin, potentially impacting its broader adoption and market valuation.  
American banks and financial institutions on Wall Street have made investments in Bitcoin exchange-traded funds (ETFs), demonstrating their confidence in the cryptocurrency.  
American National Bank has made a financial investment in Ark's ETF, while Park Avenue Securities has acquired 7,328 shares of Grayscale's GBTC.  
During the first quarter, Wall Street allocated approximately $4 million towards investments in Bitcoin exchange-traded funds (ETFs).  
Specific investment details consist of LexAurum Advisors, LLC purchasing 11,973 shares of the BlackRock IBIT ETF for a total of $484,547.  
Founders Capital Management acquired 261 IBIT shares for $10,563. Signal Advisors Wealth obtained 20,571 IBIT shares. Johnson &amp; White Wealth Management procured 9,810 GBTC shares for $613,125.  
Lastly, BCS Wealth Management possesses 9,196 GBTC shares valued at $574,750. The increasing prevalence of significant institutional investments in Bitcoin ETFs demonstrates a rising trust in Bitcoin's enduring worth as an investment vehicle. 
The post <a href="https://optimisus.com/market/market-news/the-us-sec-filings-reveal-top-us-banks-and-wall-street-giants-are-now-investing-in-bitcoin-etfs/" rel="noopener noreferrer nofollow">The US SEC filings reveal top US banks and Wall Street giants are now investing in Bitcoin ETFs</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

The US SEC filings reveal top US banks and Wall Street giants are now investing in Bitcoin ETFs

Optimisus

Autres articles publiés le 12 avr. 2024

Ethereum ETF Nearing Approval on Monday in Hong Kong

Binance Coin Price Prediction: Could the value of Binance Coin surge beyond $1679 by 2029

Ex-Security Engineer Gets 3-Year Sentence for $12M Crypto Hack

Could Hong Kong Bitcoin ETFs Kick-off China’s Halving Rally?

From Memecoins to Meaning: HLX Token Presale Leads the Charge Towards Real-World Utility in Crypt...

Top Crypto Partnerships — April, Week 2

Join our free newsletter for daily crypto updates!