French banking giant BNP Paribas disclosed it has begun purchasing shares of BlackRock’s iShares Bitcoin Trust (IBIT) and currently holds a small exposure to Bitcoin through the ETF. The firm’s latest 13F filing, dated May 1, indicates that the bank holds 1,030 shares of IBIT and values the shares at $41,684. BNP Paribas’ IBIT investment […]
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BNP Paribas disclosure IBIT purchase as BlackRock anticipates sovereign, pension funds to start buying Bitcoin ETFs