The Bank of Montreal has made a bold move by investing $150 million across various Bitcoin ETFs. Their SEC filing discloses that $139 million was allocated to BlackRock’s iShares Bitcoin ETF, with the remainder spread among other providers. This investment showcases growing institutional interest in Bitcoin as a viable asset class. The allocations reflect a strategic approach in diversifying their cryptocurrency exposure. As institutions increasingly recognize Bitcoin’s potential, similar investments may follow suit. This decision by the Bank of Montreal solidifies its position as a key player in the evolving cryptocurrency market.