On May 8, US Bancorp unveiled spot Bitcoin ETF investments exceeding $15 million. The company acquired approximately 87,744 shares of Fidelity's FBTC valued at $5.4 million, 46,011 shares of Grayscale's GBTC worth $2.9 million, and 178,567 shares of BlackRock's IBIT totaling $7.2 million. According to its latest 13F filing, the company's total investments reached $71.8 billion.

US Bancorp, one of the largest bank holding companies in the US, manages over $663 billion in assets under management (AUM) as of the end of 2023.

In a separate disclosure on May 9, Edmond De Rothschild Holding SA revealed spot Bitcoin ETF investments surpassing $4.2 million. The firm acquired 103,600 shares of BlackRock's IBIT valued at slightly less than $4.2 million and reported 1,300 shares of GBTC worth $82,121. Their total investments amounted to $6 billion, according to their latest 13F filing.

Other companies, including Hightower Advisors, SouthState Bank, Susquehanna International Group, BNP Paribas, Burkett Financial Services, and Legacy Wealth Asset Management, have also disclosed investments in spot Bitcoin ETFs in recent weeks and months.

Meanwhile, MassMutual continued its investment in Grayscale's Bitcoin Trust (GBTC), acquiring 227 shares valued at $14,340 on May 9.

These disclosures cover the first quarter of 2024, with the deadline for quarterly 13F filings on May 15. Executives from BlackRock and Bitwise anticipate continued institutional investments in spot Bitcoin ETFs. As of May 9, spot Bitcoin ETFs collectively held $52.7 billion in assets under management, with nearly $11.8 billion in cumulative inflows as of May 8.