According to Odaily Planet Daily, financial institution SouthState Bank disclosed in the 13F document submitted to the US SEC that it holds a total of $577,198 worth of Bitcoin spot ETFs, including 6,606 Grayscale GBTC shares (about $417,301) and 3,951 BlackRock IBIT shares (about $159,897). SouthState Bank is a bank headquartered in Florida, USA. After the merger with CenterState Bank, the total assets managed by the two entities reached $34 billion.