Swiss Banking Giant UBS Doubles Down on Bitcoin ETF Exposure

AI Summary UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and institutional clients. The Swiss bank disclosed the position in a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 13. As […] fulltext: 350 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/bitcoin-etf/swiss-banking-giant-ubs-doubles-down-on-bitcoin-etf-exposure/ Source: Bitcoin.com News