Barclays lifts IBIT stake 48% as Citi adds $119M in FBTC

Barclays has raised its holdings in BlackRock’s bitcoin ETF to nearly $187 million, while Citi has reported a new $119 million stake in Fidelity’s bitcoin ETF as of Sept. 30. Barclays reported 3.94 million IBIT shares, up roughly 48% from the previous quarter. Citi disclosed 1.64 million FBTC shares and lifted its IBIT share count by 50%. Both banks reported IBIT options alongside their shares, leaving their overall trading strategies undisclosed. The September holdings predate November withdrawals and Deutsche Bank’s launch of institutional crypto custody. Barclays’ SEC filing, submitted Nov. 6, lists three IBIT share positions totaling 3,942,900 shares worth $186.66 million. Separate entries cover put and call options tied to the same fund. Citigroup filed its report two days earlier.

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