Barclays Boosts BlackRock Bitcoin ETF Stake 48% in Q3; Citi Opens FBTC Position

Cointime reports: Barclays held 3.94 million shares of BlackRock’s spot bitcoin ETF (IBIT) as of Sept. 30, up 48% from 2.66 million at the end of June, with the stake’s value rising from about $88.5 million to roughly $187 million, its 13F filing shows. Citigroup opened a new position in Fidelity’s spot bitcoin ETF (FBTC) worth about $119 million and raised its IBIT holdings 50% to about 521,000 shares.