Edmond de Rothschild (Suisse) SA, the family banking giant of the prominent European banking dynasty, owns $4.2 million in Bitcoin exchange-traded funds.
Edmond de Rothschild (Suisse) SA, the family banking giant of the prominent European banking dynasty, owns $4.2 million in Bitcoin exchange-traded funds.
According to recent regulations presentationowns $4.2 million in shares of BlackRock’s iShares Bitcoin Trust (IBIT) and $82,121 in shares of Grayscale Bitcoin Trust (GBTC).
Edmond de Rothschild (Switzerland) is part of the Edmond de Rothschild Group, which has approximately $174 billion in assets under management.
The Benjamin de Rothschild family Announced his plan to privatize the famous Swiss bank in 2019.
In 2018, two branches of the Rothschild dynasty (France’s Rothschild & Co and Switzerland’s Edmond de Rothschild bank) resolved a long-running dispute over the use of the prestigious surname. The Paris-based branch agreed not to use the standalone name for its banking and asset management business.
The legendary European banking dynasty was founded in the 18th century by Mayer Amschel Rothschild, considered one of the most influential businessmen of all time. The family is known to have financed the British government during the Napoleonic Wars.
In 2023, Ariane de Rothschild became CEO of the Edmond de Rothschild group. Although she was not a Rothschild by blood, she ended up being the first woman to run the family bank, challenging Geneva’s conservative attitudes.
The remaining heirs of the Rothschild dynasty are believed to be worth more than $1 billion.
In 2020, Chicago-based Rothschild Investment Corporation also revealed its holdings in Grayscale’s GBTC. However, he has no relation to the famous banking family.
