Titan Global invested US$65.5 million to purchase IBIT, becoming the fourth largest shareholder

According to PANews, fintech investment company Titan Global Capital Management separately disclosed in a filing on May 13 that it holds 1.6 million shares of IBIT (BlackRock Bitcoin Spot ETF), worth $65.5 million. This investment makes Titan Global the fourth largest IBIT holder. Titan Global's investment in IBIT is also greater than any other investment disclosed in its filings, followed by Amazon (AMZN) shares worth $37.6 million.

Separately, Ohio-based KeyBank National Association disclosed 3,723 GBTC shares worth $235,182 in a filing on May 14. In 2021, KeyBank ranked among the top 25 banks in the United States.