UBS Increases Bitcoin ETF Exposure with 24-Fold Surge in Call Options
UBS has significantly ramped up its Bitcoin exposure, reporting a 24-fold increase in ETF call options and a 12% rise in direct holdings of Blackrock’s Ishares Bitcoin Trust (IBIT). This surge reflects growing demand for regulated Bitcoin investments among institutional clients. As of June 30, Bitcoin ETF call options reached 1.95 million underlying shares, while put options fell by 52.75%.
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Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.
Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares
Its Aug. 13 filing covered 1.95 million call underlying-share equivalents at June 30, while account purpose remained unresolved. The post Bitcoin ETF calls surge 24-fold as puts fall 52.75%, reaching 1.95M IBIT underlying shares appeared first on CryptoSlate .
Swiss Banking Giant UBS Doubles Down on Bitcoin ETF Exposure
UBS Group AG increased its holdings in Blackrock’s Ishares Bitcoin Trust (IBIT) to about $90 million, a sharp rise that shows growing demand for regulated bitcoin exposure among wealthy and institutional clients. The Swiss bank disclosed the position in a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 13. As […]