European Banking Titan Makes Strategic Move with BlackRock Bitcoin ETF Investment

The post European Banking Titan Makes Strategic Move with BlackRock Bitcoin ETF Investment appeared on BitcoinEthereumNews.com . BNP Paribas has entered the arena of digital assets by purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT). Following regulatory obligations, institutional investment managers, such as BNP Paribas, must file quarterly 13F reports. Multinational bank BNP Paribas has entered the arena of digital assets by purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT). According to a recent filing with the U.S. Securities and Exchange Commission (SEC), BNP Paribas acquired 1,030 IBIT shares in the first quarter of 2024, amounting to a total investment of $41,684.10. BNP Paribas’ investment in the Bitcoin ETF is revolutionary as the financial industry moves away from the traditional structure to the emergence of digital assets such as cryptocurrency. Boom! ???? Just in: @BNPParibas, Europe’s second-largest bank, jumps on the #Bitcoin train with exposure to #BitcoinETF, as revealed in their 13F filings....

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