PNC Bank Reveals Bitcoin Exposure Through Bitwise ETF

According to Foresight News, PNC Bank, the eighth-largest bank in the United States with assets under management totaling $325 billion, has disclosed a Bitcoin exposure valued at $67 million. This information was revealed in a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC). The filing indicates that PNC Bank has invested in the Bitwise Bitcoin ETF (BITB).