Wells Fargo significantly increases its holdings in Bitcoin ETFs: A positive signal for the crypto market

#WellsFargo – the fourth largest bank in the US 🇺🇸 by total assets – has taken strong steps to expand its investment portfolio in Bitcoin ETFs in Q2 2025.

Specifically, the value of holdings in BlackRock’s iShares Bitcoin Trust (IBIT) increased from over $26 million in Q1 to over $160 million in Q2. Additionally, the position in Invesco Galaxy Bitcoin ETF (BTCO) also saw a significant rise from $2.5 million to approximately $26 million.

Moreover, Wells Fargo has also expanded its investments in several other products such as Grayscale Bitcoin Mini Trust (from $23,000 to $31,500) and GBTC (from $146,000 to over $192,000). The bank also reported smaller investments in a series of funds #ETFbitcoin and Ethereum managed by ARK/21Shares, Bitwise, CoinShares/Valkyrie, Fidelity, and VanEck.

This move indicates that Wells Fargo is not only increasing its confidence in Bitcoin but also marking a significant advancement in the acceptance of digital assets within the traditional financial system. With strong participation from major institutions, the crypto market receives additional positive signals, reinforcing confidence for both individual and corporate investors.

⚠️ Note: Investing in cryptocurrencies carries many risks. Participants should carefully consider before making decisions. #anhbacong