Submit an articleAdvertiseRSSXBlueskyThe Daily Brief
ETFs

Barclays and Citigroup increase stakes in Bitcoin funds

Barclays and Citigroup increase stakes in BlackRock's Bitcoin fund

CryptoBorne · ETFs Desk · Edited by R. J. Calder · Published · Updated · 3 min read
Bitcoin logo on a stock exchange screen
Bitcoin logo on a stock exchange screen Image: CryptoBorne / AI-generated illustration
Coins in this storyBTC$——
Key takeaways
  • Barclays increased its stake in BlackRock's Bitcoin fund by 48% 1
  • Citigroup increased its stake in BlackRock's Bitcoin fund by 50% 1
  • Jane Street nearly octupled its stake in Fidelity's Bitcoin ETF 2
In this article
  1. Bitcoin ETF investments
  2. Jane street's strategy
  3. Institutional investments
  4. What it means for readers
  5. What isn't known yet
  6. FAQ

Bitcoin ETF investments

Barclays and Citigroup have increased their stakes in BlackRock's Bitcoin fund 1. The fund offers indirect exposure to Bitcoin. BlackRock's iShares Bitcoin Trust has $64.54 billion in cumulative net inflow 1. This indicates a growing interest in Bitcoin ETFs.

Barclays' stake rose by 48% to $186.66 million 1. Citigroup's stake increased by 50% to $24.67 million 1. These investments are significant, with banks making up 4.9% of reported spot Bitcoin ETF holdings 1. This is up from 3.2% in the previous quarter.

Jane Street's stake in Fidelity's Bitcoin ETF surged to 7,010,008 shares 2. The value of this stake is $509.2 million 2. Jane Street's investment in Bitcoin ETFs is significant, with a total reported market value of $1.79 billion 2. This includes stakes in BlackRock's IBIT and ARK 21Shares Bitcoin ETF.

Banks boost Bitcoin ETF stakes

Jane street's strategy

Recently, Jane Street reduced its stake in BlackRock's iShares Bitcoin Trust by 19% 2. The firm's stake in the ARK 21Shares Bitcoin ETF increased by 333% 2. Jane Street held 7,010,008 shares of Fidelity Wise Origin Bitcoin Fund 2. The firm's investments in Bitcoin ETFs are diverse.

Valued at $323.7 million 2, Jane Street's investment is substantial. They increased their holdings in the iShares Ethereum Trust by 100% 3. Jane Street submitted its third-quarter report on November 12 2. This report revealed significant growth in their Bitcoin ETF holdings.

JPMorgan Chase increased its investment by 9.6% 3, now valued at $540 million 3. Meanwhile, they expanded their Bitcoin ETF exposure, holding 3.94 million IBIT shares worth $187 million 3. Citigroup disclosed about $119 million in Fidelity’s FBTC 3.

Institutional investments

Institutional investments in Bitcoin ETFs have surged 3. Disclosed spot Bitcoin ETF holdings total $5.25 billion 3. Banks hold $258 million or 4.9% of the total 3. This increase is notable, with investment advisers leading the way 1.

Major banks have increased their stakes in the iShares Bitcoin Trust ETF 1. At the end of the third quarter, they held IBIT shares worth $186.66 million 1. Their stake increased by 50% to $24.67 million in Q3 2026 1. Jane Street also made significant changes to its holdings 3.

Notably, Jane Street's FBTC stake rose to 7.01 million shares, worth $509 million 3. Meanwhile, the firm also added nearly 9 million shares of the ARK 21Shares Bitcoin ETF 3. Following this, JPMorgan Chase increased its IBIT stake by 9.6% to 11.41 million shares 3. Consequently, these changes reflect a reshuffle across competing spot Bitcoin ETF products 3.

What it means for readers

Investors should be aware of the growing interest in Bitcoin ETFs 1. Bitcoin ETFs offer indirect exposure to Bitcoin. With a cumulative net inflow of $64.54 billion 1, it indicates a significant investment in the fund. Readers can benefit from understanding this trend.

They have increased their stakes in the iShares Bitcoin Trust ETF 1. At the end of Q3, they held IBIT shares worth $186.66 million 1. Their stake was $24.67 million in Q3 2026, up 50% from the previous quarter 1.

According to reports, investors should understand the risks associated with Bitcoin ETFs 1. The regulatory environment for cryptocurrencies is evolving 1. As per Bitwise, banks made up 4.9% of reported spot Bitcoin ETF holdings among Q3 filers 1. Following this, investment advisers led the holders with $3.5 billion in reported positions 1.

What isn't known yet

The future of Bitcoin ETFs is uncertain 1. They increased stakes in the iShares Bitcoin Trust ETF 1. The regulatory environment for cryptocurrencies is still evolving 1. This affects investors like Ray Dalio 1.

Bitcoin's value can be volatile 1. It was trading above $42,000 by the end of 2023 1. The value of Bitcoin ETFs can fluctuate significantly 1. The cumulative net inflow is $64.54 billion 1.

Further research is needed to understand the implications of institutional investments in Bitcoin ETFs 1. SoSoValue reports $58.71 billion in net assets as of Nov. 11 1. The cryptocurrency market is rapidly changing 1. Readers should stay informed about the latest developments in the cryptocurrency market 1.

Frequently asked questions

What is a Bitcoin ETF?

A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin 1.

How do I invest in a Bitcoin ETF?

To invest in a Bitcoin ETF, you can purchase shares of the ETF through a brokerage account or a financial institution that offers the ETF 1.

What are the risks of investing in a Bitcoin ETF?

The risks of investing in a Bitcoin ETF include the potential for volatility in the price of Bitcoin 1.

About this article

Our system reads Bitcoin, Ethereum, crypto markets, regulation and DeFi coverage from established publishers every hour. A story is only written when at least three independent outlets report it. Every figure must appear in a cited source, and each draft passes automated checks for accuracy, originality and readability. Drafts that score highly on every check publish automatically; the rest wait for a human editor. Drafted with AI assistance from the sources listed. Not financial or professional advice.

Update log
  • Published.
About the editor

CryptoBorne is edited by R. J. Calder, the pen name of the independent editor who runs it. Each story cites at least three independent publishers. More about the editor. Spotted an error? Email corrections@cryptoborne.com.

Follow CryptoBorne

Every new story, with its sources, as it publishes.

Related

Next story: Crypto Sectors Drift Away From Bitcoin's Orbit
From CryptoBornePut your brand in front of crypto readers.

Put your brand next to CryptoBorne's daily crypto coverage. Ask about sponsorships.