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Investment banks like William Blair and MassMutual, along with financial institutions such as BlackRock and J.P. Morgan, are increasingly disclosing their exposure to Bitcoin ETFs. Grayscale's revenue remained steady despite outflows, with GBTC experiencing significant sell-offs. Notably, banks like Wells Fargo and PNC Bank have also revealed their investments in Bitcoin ETFs.
As the days go by we learn of more and more US and international banks holding Bitcoin ETFs in their reserves. This is very significant because they all copy each other. Today we learn @PNCBank the 6th largest bank holds $10m in 6 Spot ETFs. Banks holding Bitcoin and reselling…
🚨NEW POST🚨 JP Morgan & Rothschild Now Own Bitcoin ETFs... You Read That Correctly: TBL Weekly #93 No need to pinch yourself, this is real. Read it 👇 https://t.co/XwY6nZYyQJ https://t.co/9ZlE1gyRva
The largest US bank and the 3rd largest bank have bought BTC ETFs. Institutional adoption is no longer a meme🥂 https://t.co/K7Hi85R4Rb