According to ChainCatcher, UBS, Switzerland's largest bank, recently submitted a 13F filing to the U.S. Securities and Exchange Commission (SEC), disclosing that it holds a large number of shares in the iShares Bitcoin Spot ETF (IBIT). The filing covers the first quarter of 2024 and shows that UBS AG and its various subsidiaries and institutional investment managers hold 3,600 shares in IBIT. This investment highlights the growing attention of traditional financial institutions to the crypto field, especially Bitcoin.
Data from Fintel shows that the holding was worth $145,692 as of March 31, 2024, and is currently worth $124,488.