PNC, the eighth largest bank in the United States with assets under management of $325 billion, announced that it has a BTC exposure. According to its 13F filing with the US Securities and Exchange Commission (SEC), PNC Bank's BTC exposure is worth $67 million. Over the past year, the financial giant has increased its holdings from $10 million to $67 million. According to the 13F filing, PNC Bank invested in the Bitwise BTC ETF (BITB). (CoinGape)
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PNC, the eighth largest bank in the United States with assets under management of $325 billion, announced that it has a BTC exposure. According to its 13F filing with the US Securities and Exchange Commission (SEC), PNC Bank's BTC exposure is worth $67 million. Over the past year, the financial giant has increased its holdings from $10 million to $67 million. According to the 13F filing, PNC Bank invested in the Bitwise BTC ETF (BITB). (CoinGape)