Bitcoin (BTCUSD)

[ap17]

nut shell:

THEY KEEP ON COMING 🏦
BREAKING: US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1

Bitcoin
Two days ago, Susquehanna International Group disclosed their Bitcoin holdings.

Today, we’ve got two more for you. (we told you there’d be more rolling in)

First up is US Bancorp, who disclosed total Bitcoin holdings of ~$15.5 million:

87,744 shares of Fidelity’s FBTC: $5.4 million

46,011 shares of Grayscale’s GBTC: $2.9 million

178,567 shares of BlackRock’s IBIT: $7.2 million

Edmond De Rothschild Holding SA also disclosed total Bitcoin holdings of ~$4.2 million:

103,600 shares of BlackRock’s IBIT: $4.2 million

1,300 shares of GBTC: $82,121

These aren’t just any random institutions by the way.

US Bancorp is the 5th largest bank in America with total assets over $663 billion.

And Edmond De Rothschild Holding SA is an investment management firm with $174 billion in assets under management. (founded by the Rothschilds family, one of the richest families in history)

These disclosures were part of the mandatory 13F filings with the SEC for Q1 2024.

The deadline for these filings is May 15.

So there could be some more huge announcements in the coming days. 💣