Mon Mar 03 13:50:00 UTC 2025: **Institutional Investors Increase Bitcoin ETF Holdings Amid Price Rise**

**Sioux Falls, SD – March 1, 2025** – Several institutional investors significantly increased their holdings in the iShares Bitcoin Trust (IBIT) during the fourth quarter of 2024, according to recent SEC filings. The surge in investment comes as IBIT saw a price increase of $0.55 on Friday, closing at $47.90.

IFP Advisors Inc. led the way, boosting its stake by a massive 224.1%, now owning 12,318 shares valued at $653,000. Other notable increases included City Holding Co. (up 95.2%), Stephens Consulting LLC (up 62.8%), and Crewe Advisors LLC (up 151%). Additionally, Union Savings Bank and Beacon Capital Management LLC both initiated new positions in IBIT.

Despite the increased institutional interest, MarketBeat, a financial research firm, notes that IBIT is not among the top five stocks recommended by its top-rated analysts. While IBIT currently holds a “Hold” rating, MarketBeat suggests other stocks offer better buying opportunities.

IBIT, launched in January 2024 by BlackRock, is an exchange-traded fund that tracks the spot price of Bitcoin. The ETF’s 52-week high stands at $61.75, while its low is $28.23. Friday’s trading volume exceeded 59 million shares, surpassing the average daily volume.

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