Blockchain Report on Nostr: UBS dramatically boosted its stake in BlackRock's iShares Bitcoin Trust (IBIT) in H1 ...
UBS dramatically boosted its stake in BlackRock's iShares Bitcoin Trust (IBIT) in H1 2024. By June 30, UBS held ~2.5M IBIT shares ($90M), a 355%+ jump from ~549K shares ($27M) at year-end 2023.
While IBIT's market price fell 32.95% in H1, UBS's expanded share count drove a ~230% increase in its holding's market value.
Note: 13F filings show securities UBS has discretion over, potentially including client/managed accounts, not solely UBS capital.
#crypto #blockchain #news #BTC #Bitcoin
Published at
2026-08-14 03:25:07 CESTEvent JSON
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"content": "UBS dramatically boosted its stake in BlackRock's iShares Bitcoin Trust (IBIT) in H1 2024. By June 30, UBS held ~2.5M IBIT shares ($90M), a 355%+ jump from ~549K shares ($27M) at year-end 2023.\n\nWhile IBIT's market price fell 32.95% in H1, UBS's expanded share count drove a ~230% increase in its holding's market value.\n\nNote: 13F filings show securities UBS has discretion over, potentially including client/managed accounts, not solely UBS capital.\n\n#crypto #blockchain #news #BTC #Bitcoin ",
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