Bank of Montreal Reveals $150 Million Bitcoin ETF Holdings: Insights on IBIT and More

On February 14, COINOTAG News reported that the Bank of Montreal (BMO) has revealed significant holdings in Bitcoin through its recent 13F-HR form submission to the US SEC. The report indicates that BMO holds around $150 million in Bitcoin spot ETFs, underscoring a growing institutional interest in digital assets. Specifically, the bank’s portfolio includes $139 million in IBIT, alongside approximately $11 million distributed among ARKB, FBTC, and GBTC. This disclosure not only highlights BMO’s strategy in the evolving crypto landscape but also aligns with broader trends of increasing institutional investment in cryptocurrencies. As stakeholders digest this information, the implications for market dynamics and future regulatory considerations become more pronounced, thus setting the stage for potential shifts in the investment landscape.