In its most recent 13F filing with the U.S. Securities and Exchange Commission ( SEC ), Barclays is the latest major financial institution to jump on the Bitcoin ETF bandwagon.
The UK-based banks today holds 2, 473, 064 stock of IBIT, valued at$ 131 million as of December 31, as per the Thursday processing.
The purchase took place during the fourth quarter, spanning October to December, and coincides with the post-election surge in the Bitcoin price, which is now trading at a price of$ 97, 030.17, up 0.8 % over the past day, per CoinGecko data.
According to the filing, Barclays ‘ move is in line with a tendency in administrative implementation of crypto-related products, with banks like Goldman Sachs and JP Morgan also generating significant amounts of money from Bitcoin ETF assets in recent months.
As BTC surged to a record high of$ 109, 000 just before the U. S. presidential opening, big players are seized the opportunity to capitalize on the crypto’s fall without directly owning BTC itself.
The U.S. Securities and Exchange Commission ( SEC ) approval of Bitcoin ETFs has facilitated these organizations from getting exposure to BTC, while avoiding some of the uncertainty and regulatory concerns relating to direct crypto ownership.
Goldman Sachs, for instance, reported a 121 % jump in its Bitcoin ETF holdings, bringing its total stake to$ 1.57 billion.
In its most recent filing, finance resurrected its BTC account exposure, which is now totaling$ 964, 322.
In January 2025, U. S. Bitcoin ETFs saw a massive$ 5 billion in inflows, a trend expected to continue in 2025 with forecasts of over$ 50 billion in inflows, as per Farside Investors data.
BlackRock’s IBIT saw the largest net inflows during January, pulling in$ 3.2 billion, followed by Fidelity’s Wise Origin Bitcoin Fund ( FBTC ) with$ 1.3 billion.
In January alone, IBIT pulled in$ 3.2 billion, making it the top-performing Bitcoin ETF of the month, followed by Fidelity’s Wise Origin Bitcoin Fund ( FBTC ) with nearly$ 1.3 billion in inflows.
In the upcoming years, BTC is expected to increase, with forecasts predicting it could reach as high as$ 200, 000 by the end of 2025.
Daily Debrief Newsletter
Start every day with the best news stories right now, plus unique characteristics, a audio, video and more.