TechFlow reported on February 19, according to CryptoSlate, that BNY Mellon disclosed holding over $13 million in bitcoin exchange-traded funds (ETFs) at the end of the fourth quarter. Specifically, it holds 115,108 shares of BTCW, valued at approximately $11.87 million, and 25,309 shares of IBIT, valued at around $1.4 million.
Recently, Federal Reserve Chair Powell stated that as long as banks can properly manage related risks, the Fed will not prevent them from offering cryptocurrency services.




