Montreal Bank (BMO), one of the leading financial institutions in Canada with assets exceeding $ 1 trillion, has recently revealed its shares in various investment funds circulating in Bitcoin through a file with the US Securities and Stock Exchange Committee (SEC). This disclosure is in line with the regulatory requirements that impose that investment managers of more than $ 100 million in the US -circulating securities in the United States are compared to their quarterly property to SEC.
Montreal Bank invests more in the Bitcoin investment funds
According to the deposit, BMO occupies parking for many investment funds in Bitcoin, including FBTC’s FBTC, Franklin Templeton’s Ezbc, Blackrock’s IBIT and Grayscale’s GBTC. This step reflects an increasing trend among major financial institutions to integrate assets related to encryption into their investment portfolios.
Unlike the growing BMO exposure, the broader ETF Spot market has seen BTC ETF recently remarkable flows. Data from Farsed Investors indicates that on February 6, 2025, the Bitcoin investment funds combined have seen a net $ 140.2 million. The withdrawal was the most important of the FBTC Fund, which lost $ 103.2 million, followed by the GBTC box with an external flow of $ 42.2 million.
New: Montreal has increased significantly from Bitcoin Etf:
According to SEC Filings today, it contains $ 150 million via ARK, Foundelity, Blackrock and Grayscale’s ETFS.
Healing of $ 13 million in the previous quarter.
Bom is one of the five major banks in Canada, with $ 1T assets. pic.twitter.com/igqlbb07ka
Julian Fahr (@julian__fahr) February 13, 2025
These developments occur amid increasing geopolitical tensions and economic doubts, which are the factors that historically affected the investor’s behavior in the cryptocurrency market. Despite the recent output flows, some Bitcoin’s investment funds have continued to attract investments. For example, Bitcoin Bitcoin Etf (BitB) has reported a $ 48.3 million flow, while the Bitcoin Wise Fund (FBTC) and ARK 21Shares Bitcoin Etf (ARKB) witnessed flows of $ 36.2 million and $ 16.5 million, respectively.
As of February 14, 2025, Bitcoin is traded at a price of about 96,448 dollars, which reflects a slight decrease from the closure of the previous day. The price of Crypto has shown flexibility despite the recent fluctuations of the market, while maintaining its location as a pivotal point for both institutional investors and retail trade.
The disclosure of BMO emphasizes the increase in the participation of traditional financial institutions in the encryption space, even with the passage of the market on mixed signals from various sectors of investors. The bank’s various bias in the multiple investment funds in BTC indicate a strategic approach to the various encryption arena.
Also read: metaplanet raises 4 billion to expand bitcoin
