The Swiss bank disclosed the position in a Form 13F filed with the U.S. Securities and Exchange Commission (SEC) on Aug. 13. As of June 30, UBS held about 2.5 million IBIT shares, compared with roughly 549,000 shares worth about $27 million at the end of 2025.
The value of the position rose by about 230% in the first half of 2026. That is a large percentage increase, but it is still a very small investment for UBS, one of the world’s biggest wealth managers.
UBS Builds a Regulated Bitcoin Position
IBIT is a spot bitcoin exchange-traded fund, or ETF. It gives investors exposure to bitcoin’s price through a familiar security that trades on an exchange, without requiring them to buy, store, or secure the cryptocurrency themselves.
Blackrock’s fund has become one of the leading options for institutions that want bitcoin exposure while avoiding the technical and regulatory challenges of directly holding the asset. Those challenges can include custody or keeping digital assets safe, as well as compliance and trading controls.
For UBS, the filing shows a measured expansion rather than a wholesale change in strategy. The bank has also explored cryptocurrency trading and related services for select high-net-worth clients as it develops broader digital-asset capabilities.





