CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-02-08 13:48:07

New Bitcoin Move Comes From Giant US Bank Managing $325 Billion

PNC, the eighth-largest bank in the United States with $325 billion in assets under management (AUM), has disclosed its exposure to Bitcoin, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The bank reported that it has $67 million worth of Bitcoin-related investments, primarily through the Bitwise Bitcoin ETF (BITB). The filing shows that PNC has significantly increased its exposure to Bitcoin ETFs in the past year. Former Sequoia Capital analyst Julian Fahrer noted that the bank’s exposure to the Bitcoin ETF has increased from $10 million to $67 million. PNC is not the only major financial institution making moves in the Bitcoin ETF market. Other major U.S. banks, including Wells Fargo, Morgan Stanley and BNP Paribas, are also increasing their exposure to Bitcoin-backed funds. Related News: Crypto Community Has Been Talking About These Five Things Recently However, when Arkham Intelligence data is examined, it is observed that the world's largest asset management institution, BlackRock, has approximately $60 billion in cryptocurrencies under management. $56 billion of these are Bitcoin, while $3.5 billion are recorded in Ethereum. *This is not investment advice. Continue Reading: New Bitcoin Move Comes From Giant US Bank Managing $325 Billion

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约