𝗚𝗘𝗧 𝗙𝗥𝗘𝗘 𝗥𝗘𝗪𝗔𝗥𝗗 𝗨𝗣𝗧𝗢 𝟭𝟬$ 𝗨𝗦𝗗𝗧/𝗣𝗘𝗣𝗘 𝗖𝗢𝗜𝗡𝗦 𝗢𝗣𝗘𝗡 𝗠𝗬 𝗧𝗪𝗢 𝗣𝗜𝗡𝗡𝗘𝗗 𝗣𝗢𝗦𝗧𝗦

EUROPE’S SECOND LARGEST BANK BUYS SPOT BITCOIN ETFS

-BNP Paribas, the second largest bank in Europe, is now exposed to US spot #Bitcoin ETFs, according to a recent filing. - Documents filed with the US Securities and Exchange Commission (SEC) show that BNP Paribas has specifically purchased Blackrock’s spot $BTC ETF - $IBIT. - More specifically, the bank has purchased some 1,030 $IBIT shares. - Unfortunately, for the time being, the bank’s stacks are small, having spent just $43,000 to acquire its stake in the ETF. - However, it is perfectly possible that this small experiment could precede much larger exposure and holdings in the future.