Switzerland’s largest bank has upped its exposure to Bitcoin, according to regulatory filings. 

UBS bought more shares in BlackRock’s iShares Bitcoin Trust, bringing its total position to over $83 million across 2.5 million shares, according to a filing with the U.S. Securities and Exchange Commission. 

The bank has slowly upped its exposure to the biggest cryptocurrency by market cap since BlackRock’s top fund got approved back in 2024. 

The filings are the latest examples of traditional institutions seeking exposure to Bitcoin. ETFs like BlackRock’s Bitcoin Trust — which trades as IBIT — allow investors to buy exposure to the leading cryptocurrency without having to…

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