First Midwest Bank Trust Division has reported holding 29,498 shares of Grayscale Bitcoin Trust as of June 30, according to a Securities and Exchange Commission (SEC) filing.

  • According to the 13F SEC filing, the Joliet, Ill.-based bank purchased one lot of 20,655 shares and another lot of 8,843 shares of the Grayscale Bitcoin Trust.
  • First Midwest Bank Trust Division has $14 billion of assets under management and provides fiduciary, investment and private banking services to individual, corporate and governmental clients. It is the third largest independent, Illinois-headquartered bank.
  • Grayscale is a unit of Digital Currency Group, of which CoinDesk is an independent subsidiary.

Read more: Grayscale ‘Unlockings’ Poses Downside Risk to Bitcoin Price, JPMorgan Says 

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