According to ChainCatcher, BNP Paribas, Europe's second-largest bank, disclosed in a 13F filing on May 1 that it had purchased 1,030 BlackRock iShares Bitcoin Spot ETF (IBIT), equivalent to $41,684. Although the investment is small, it serves as a springboard for the bank in its pursuit of Bitcoin adoption. BNP Paribas' assets under management have reached $600 billion.