ChainCatcher report, according to The Defiant, Santander Bank has, for the first time, disclosed in its SEC Form 13F filing holdings of 129,615 shares (approximately $4.31 million) of BlackRock iShares Bitcoin Trust (IBIT), 297,947 shares (approximately $3.54 million) of iShares Ethereum Trust, and $1.51 million in iShares Gold Trust. No Bitcoin ETF positions were reported in prior quarterly filings. The bank’s total U.S. equity holdings amount to approximately $16.08 billion, with its combined crypto ETF positions accounting for about 0.05%. It is noted that Santander’s digital bank, Openbank, has already offered cryptocurrency trading services to retail customers in Europe.
Santander Discloses Bitcoin and Ethereum ETF Holdings Worth $7.85M
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Summary
Santander Bank disclosed in its 13F filing its first holdings in spot bitcoin ETFs, including 129,615 shares of BlackRock’s iShares Bitcoin Trust (IBIT), valued at $4.31 million. The bank also holds 297,947 shares of the iShares Ethereum Trust, worth $3.54 million. Following the approval of bitcoin ETFs, Santander’s total crypto exposure now amounts to $7.85 million. Its U.S. stock portfolio totals $16.08 billion, with crypto ETFs representing 0.05%. Santander’s Openbank unit already offers crypto services in Europe.
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