SouthState Bank holds BlackRock IBIT and Grayscale GBTC worth more than $570,000

Financial institution SouthState Bank disclosed in a 13F filing with the U.S. SEC that it holds a total of $577,198 worth of Bitcoin spot ETFs, including 6,606 Grayscale GBTC shares (approximately $417,301) and 3,951 BlackRock IBIT shares (approximately $159,897). SouthState Bank is a bank headquartered in Florida, USA. After merging with CenterState Bank, the two entities manage a total of $34 billion in assets. (Cryptoslate)