Crypto Balloon

Bank Bitcoin ETF Filings Show More Shares, but Rising Values Need Context

Barclays reported holding about 3.94 million shares of BlackRock’s spot Bitcoin ETF, IBIT, as of September 30, up 48% from about 2.66 million at the end of the second quarter. The position was valued at roughly $187 million, according to a 13F filing cited by Cointelegraph.

Citigroup disclosed a new reported position in Fidelity’s spot Bitcoin ETF, FBTC, worth about $119 million. Its IBIT holding rose from about 347,000 shares at the end of the second quarter to about 521,000 shares.

Bitwise compared third-quarter filings submitted by 1,389 institutions as of the Friday preceding the report. Their combined spot Bitcoin ETF holdings rose in reported value from $3.35 billion in the second quarter to $5.25 billion. That increase should not be read entirely as new buying: the report noted that IBIT’s price rose about 41% during the third quarter. The banks’ higher reported IBIT share counts are a separate measure from the broader rise in holdings value.

Originally reported by Deep Tide TechFlow on November 11, 2026, at 20:07 (UTC+8), citing Cointelegraph.