Barclays Invests Heavily in BlackRock’s Bitcoin ETF Amid FCA Probe
- Barclays holds 2,473,064 shares in BlackRock’s IBIT fund.
- The IBIT fund is priced at $55.33 per share.
- Barclays’ investment in the IBIT fund is valued at approximately $136.8 million.
- The UK Financial Conduct Authority is investigating Barclays for potential anti-money laundering violations.
- Barclays has been active in blockchain and digital asset initiatives since at least 2022.
Barclays disclosed its significant investment in BlackRock’s Bitcoin ETF, valued at about $136.8 million, while facing an FCA investigation over anti-money laundering concerns.
Source (2.6)https://dailyhodl.com/2025/02/15/banking-giant-barclays-owns-136834631-worth-of-blackrocks-bitcoin-exchange-traded-fund/?rand=59076
