Wells Fargo has significantly expanded its exposure to BlackRock’s Bitcoin ETF, IBIT, more than quadrupling its holdings in the second quarter (Q2) of 2025. The move comes as sovereign wealth funds in Abu Dhabi maintain some of the largest institutional Bitcoin ETF positions in the world. Wells Fargo’s $160 Million Bet Marks Aggressive Push Into Bitcoin ETFs According to a new SEC filing, the fourth-largest US bank by assets disclosed that it held over $160 million worth of shares in the iShares Bitcoin Trust (IBIT) as of June 30. Wells Fargo’s Exposure to BlackRock’s BTC ETF
source: https://beincrypto.com/sec-filings-reveal-quiet-bitcoin-etf-power-moves-of-wells-fargo-and-abu-dhabi/