Published 11 days ago

Bitcoin ETF: America's Oldest Bank BNY Mellon Reveals BTC ETF Investments In Quarterly Filings

Summary by Coingape

In what comes as an unprecedented disclosure, BNY Mellon (Bank of New York), one of the oldest banks in America, recently revealed that the firm owns substantial investments in Bitcoin ETFs (exchange-traded-funds), according to the company’s quarterly filings. This has ignited a buzz across the global cryptocurrency landscape, particularly among institutional investors, marking a notable stride in traditional financial industries’ adoption of cr…

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BNY Mellon: World'sWorld's largest custodian bank reports exposure to BTC

It has emerged that BNY Mellon, the largest custodian bank globally, is among the latest entities to gather exposure to Bitcoin (BTC) through a spot exchange-traded fund (ETF). In a Securities Exchange Commission (SEC) filing, the institution revealed its exposure to ETFs from BlackRock (NYSE: BLK), the world’s largest investment firm, and Grayscale. The bank’s foray into the Bitcoin ETF market potentially signifies the increasing interest in th…

11 days ago

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