PNC, the eighth-largest U.S. bank, reveals it holds $67 million in Bitcoin ETF

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

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