Texas Holds 197,844 IBIT Shares Ahead of Direct Bitcoin Shift

1 month ago 23

Key Takeaways

BlackRock’s June 30 NAV values the position at approximately $6.62 million.
The filing repeats a $7.602 million value that does not match the fund’s Q2 data.
Texas plans to replace the temporary ETF holding with directly held Bitcoin.

Texas Did Not Add to Its Q2 Position

The Texas Treasury Safekeeping Trust Company’s Q2 Form 13F information table lists 197,844 shares of BlackRock’s iShares Bitcoin Trust ETF, or IBIT. Its amended Q1 filing reports the same number.

The matching share co...

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