UBS raises BlackRock Bitcoin ETF stake to $90 million

UBS has increased its BlackRock Bitcoin ETF holding to about 2.5 million shares worth nearly $90 million as of June 30, lifting the position’s value by roughly 230% during the first half of 2026. Summary UBS held about 2.5 million IBIT shares valued at nearly $90 million on June 30. The share count increased roughly 355% from about 549,000 at the end of 2025. A Form 13F does not identify whether UBS or its clients ultimately own the shares. BlackRock’s fund gives U.S. investors regulated Bitcoin exposure without direct crypto custody. The U.S. Securities and Exchange Commission filing, submitted by UBS on Aug. 13, disclosed the Swiss bank’s quarter-end position in BlackRock’s iShares Bitcoin Trust (IBIT). UBS reported about 2.5 million shares as of June 30, up from approximately 549,000 shares six months earlier. Measured by share count, the position expanded by about 355%, with UBS adding nearly 2 million shares during the period. Its reported value increased from roughly $27 million at the end of 2025 to close to $90 million, a gain of about 230%. The difference between the two rates partly comes from IBIT’s market performance. BlackRock’s fund data show its market-price return f...