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BlackRock & Grayscale Bitcoin ETF Grab Investment From Iowa Bank, What's Next?

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BlackRock & Grayscale Bitcoin ETF Grab Investment From Iowa Bank, What's Next?


City State Bank, an Iowa-based bank that offers investment management services, has revealed its exposure to Bitcoin (BTC) through exchange-traded funds (ETFs) in its recent 13F filing dated July 8, 2024. Moreover, BlackRock and Grayscale’s BTC ETFs took the center stage with investements from the bank.

Blackrock & Grayscale Bitcoin ETFs Witness Further Institutional Adoption

In the latest 13F filing, the bank reported the purchase of 33 units of the BlackRock iShares Bitcoin Trust (IBIT) during the second quarter. This move marks City State Bank’s growing interest in the crypto market. Furthermore, it reflects a broader trend among traditional financial institutions diversifying into digital assets.

In addition to its new position in the BlackRock iShares Bitcoin Trust, City State Bank has maintained its holdings in the Grayscale Bitcoin Trust (GBTC). The bank had acquired 50 units of GBTC in the first quarter of 2024 and has opted to retain this investment. This signals a sustained confidence in the long-term potential of Bitcoin.

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The BlackRock iShares Bitcoin Trust and the Grayscale Bitcoin Trust are among the most prominent BTC ETFs. They provide investors with exposure to Bitcoin without the complexities of direct crypto ownership. The adoption of these ETFs by traditional institutions like City State Bank highlights the increasing acceptance of Bitcoin as a legitimate asset class within mainstream finance.

City State Bank’s strategic investments come at a time when Bitcoin and other cryptocurrencies are experiencing heightened volatility. Moreover, last week, another significant entity had revealed exposure to Bitcoin ETFs. Bank of New Hampshire (BNH) revealed its Bitcoin ETF exposure in a recent SEC filing dated July 1, 2024.

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Also Read: Spot Bitcoin ETFs Inflow At 3-Week High, Institutions Buying Heavily Ahead Key Events

About Bank of New Hampshire’s Investment

The bank has invested $9,389 in BlackRock’s IBIT ETF, acquiring 275 units, according to the 13F filing. Moreover, this move signifies BNH’s foray into the crypto market. Though the amount isn’t very significant, this investment acts as a stepping stone towards embracing the crypto space.

Furthermore, it’s important to note that BNH is a subsidiary of Toronto Dominion (TD), a major financial player that also reported Bitcoin ETF exposure in its Q1 filings. This affiliation underscores a broader strategic alignment within the TD group towards embracing the potential of cryptocurrencies.

The investment in BlackRock’s IBIT ETF is particularly notable, given the asset manager’s reputation and influence in the traditional financial industry. In addition, the timing of the above-mentioned disclosures suggests the commencement of Round 2 of the 13F filings for Spot Bitcoin ETFs has begun. Hence, the coming days could see further Bitcoin ETF adoption by other institutions and fund managers.

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Also Read: DigitalX Gears to List Spot Bitcoin ETF on Australia’s ASX Exchange As Demand Soars

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Kritika boasts over 2 years of experience in the financial news sector. Currently working as a crypto journalist at Coingape, she has consistently shown a knack for blockchain technology and cryptocurrencies. Kritika combines insightful analysis with a deep understanding of market trends. With a keen interest in technical analysis, she brings a nuanced perspective to her reporting, exploring the intersection of finance, technology, and emerging trends in the crypto space.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Iowa women’s basketball vs. Penn State today: Live updates, score

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Iowa women’s basketball vs. Penn State today: Live updates, score



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As No. 14-ranked Iowa women’s basketball (10-2, 1-0 Big Ten) returns from the Christmas break, the Hawkeyes will begin the bulk of their Big Ten slate today as they welcome Penn State (7-5, 0-1 Big Ten) to Carver-Hawkeye Arena.

Iowa looks to rebound from its 90-64 loss against No. 1 UConn on Dec. 20, where its sloppy play (26 turnovers leading to 41 UConn points) ultimately proved to be its undoing against the Huskies.

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Entering today’s game, sophomore center Ava Heiden leads the team in scoring with 14.6 points per game on 64.4% shooting from the floor, with senior forward Hannah Stuelke (13.4) and sophomore guard Chit-Chat Wright (11.7) also averaging double-figure scoring.

Defensively, Wright leads the team in steals per game with 1.6, while Heiden tops the squad in blocks with 1.2 denials per contest.

As tipoff nears between the Hawkeyes and Nittany Lions, follow along for live updates, the latest score, and highlights of the action:

Hawkeyes are on fire offensively through the first quarter of play (shooting 10-for-16 from the floor), while also dominating the defensive glass (leading 7-2 in defensive rebounds) and keeping Penn State off-synch.

Chit-Chat Wright leads everyone with 12 points on 4-for-4 from the floor, 2-for-2 from 3-point territory, and 2-for-2 from the free-throw line.

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Timeout Penn State.

Hawkeyes are on a roll offensively since the Nittany Lions’ appeal, with a 14-0 scoring run that forces a Penn State timeout.

Penn State’s appeal was successful on the foul call, but the shot clock violation on the Nittany Lions still stands.

Nittany Lions retain their timeout.

Timeout Penn State.

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The Nittany Lions are appealing the foul call on Gracie Merkle and the ensuing shot clock violation.

Both teams are shooting well to start the game.

On its game day availability report, sophomore Emely Rodriguez remains out. Graduate starting guard Kylie Feuerbach is also “questionable.”

Watch Iowa vs. Penn State

TV: Big Ten Network

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Tip-off Time: 3 p.m. CT

Iowa women’s basketball schedule

All times CT

  • Nov. 3 vs. Southern: Iowa 86, Southern 51
  • Nov. 9 vs. Evansville: Iowa 119, Evansville 43
  • Nov. 13 vs. Drake: Iowa 100, Drake 58
  • Nov. 16 at Northern Iowa: Iowa 74, UNI 41
  • Nov. 20 vs. Baylor (WBCA Showcase in Orlando): Iowa 57, Baylor 52
  • Nov. 22 vs. Miami (WBCA Showcase in Orlando): Iowa 64, Miami 61
  • Nov. 26 vs. Western Illinois: Iowa 86, Western Illinois 69
  • Nov. 30 vs. Fairfield: Iowa 86, Fairfield 72
  • Dec. 6 at Rutgers: Iowa 79, Rutgers 36
  • Dec. 10 at Iowa State: Iowa State 74, Iowa 69
  • Dec. 13 vs. Lindenwood: Iowa 102, Lindenwood 68
  • Dec. 20 vs. UConn (Champions Classic): UConn 90, Iowa 64
  • Dec. 28 vs. Penn State: Big Ten Network, 3 p.m.
  • Jan. 1 vs. Nebraska: Big Ten Network, 1 p.m.
  • Jan. 5 at Northwestern: Big Ten Network, 7:30 p.m.
  • Jan. 11 at Indiana: Big Ten Network, 4 p.m.
  • Jan. 15 vs. Oregon: FS1, 8 p.m.
  • Jan. 18 vs. Michigan State: Big Ten Network, 7 p.m.
  • Jan. 22 at Maryland: NBC, 5 p.m.
  • Jan. 25 vs. Ohio State: Peacock, 1 p.m.
  • Jan. 29 at USC: Peacock, 8 p.m.
  • Feb. 1 at UCLA: Fox, 3 p.m.
  • Feb. 5 vs. Minnesota: Big Ten Network, 6 p.m.
  • Feb. 11 vs. Washington: BTN+, 6:30 p.m.
  • Feb. 16 at Nebraska: Fox, 11 a.m.
  • Feb. 19 at Purdue: BTN+, 6 p.m.
  • Feb. 22 vs. Michigan: Fox or FS1, 11 a.m. or 1 p.m.
  • Feb. 26 vs. Illinois: Big Ten Network, 8 p.m.
  • March 1 at Wisconsin: BTN+, 2 p.m.
  • March 4-8 Big Ten Tournament

Contact/Follow us @HawkeyesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Iowa news, notes, and opinions. Follow Scout on X: @SpringgateNews



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The Top Stories In Iowa High School Sports In 2025

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The Top Stories In Iowa High School Sports In 2025


Records have fallen, stars have shined and there has also been plenty of heartbreak, heartache and sadness along the way.

Here is a look at some of the top sports stories that made headlines throughout 2025 in Iowa high school athletics.

The Rams swept both the state wrestling duals and traditional team titles in Class 3A this past winter, scoring a state tournament record 259.5 points. They clinched the traditional crown before the final day when Cooper Martinson, Justis Jesuroga, Nico DeSalvo and Eddie Woody all won individual championships.

Down in Class 1A, Don Bosco remained the premier program in the state, winning a seventh consecutive state championship. The Dons, who have claimed 17 titles all-time, also won state duals. Hayden Schwab, Hendrix Schwab, Kaiden Belinsky and Dawson Youngblut were all individual champs.

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By winning a third state wrestling championship each last year, Fort Dodge’s Dreshaun Ross and Blake Fox from Osage moved closer to joining the exclusive four-timers club. Ross and Fox will both be going for a fourth individual state wrestling championship this winter.

Jenica Lewis, Johnston, Iowa, girls basketball

Johnston’s Jenica Lewis (10) takes the ball down the court on Dec. 16, 2025, at Johnston High School. / Cody Scanlan/The Register / USA TODAY NETWORK via Imagn Images

The Johnston girls basketball team ended last year with a second consecutive Class 5A state championship, besting Dowling Catholic in the finals. The Dragons came into this season having won 52 consecutive games, as Notre Dame commit Jenica Lewis now leads them. In the finals last year, Kelli Kalb scored 13 points and Amani Jenkins grabbed 18 rebounds.

A loaded Valley boys basketball team captured its third consecutive Class 4A state championship this past winter, besting Waukee Northwest in the finals, 61-47. They became just the second 4A team to win three consecutive titles, as Jayden McGregory scored 26, Zay Robinson 15 and Trevin Jirak had 13 with 10 rebounds. McGregory is now headed to Missouri to play football, Robinson entered the transfer portal after playing one season of football at Iowa State and Jirak is at Iowa playing basketball.

Western Dubuque runner and future Oregon Duck Quentin Nauman has been virtually untouchable when it comes to distance running. Back in the spring, Nauman completed the distance triple crown at the Drake Relays, winning the 800, 1,600 and 3,200. He again did the same at state, setting multiple records in the process. In the fall, Nauman won another state cross country title, again setting a meet record.

Ranked as one of the best players in the country for her grade, Sophia Schlader showed why to the rest of Iowa by leading Waukee Northwest to the Class 5A state softball title this past summer. Schlader and the Wolves bested Linn-Mar in the finals, 1-0 in eight innings. The freshman struck out 15 batters, tying her own 5A state mark, as she finished the week with 35 strikeouts. Her 15th K of the finals came with the bases loaded and two outs.

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In the span of 24 hours, Pella won the first state baseball championship in program history and first state softball title in school history. The Dutch baseball team did it first, besting Dubuque Wahlert in the Class 3A finals, 3-1, on a game-winning hit by Landyn Bethards. Teagan Hoekstra pitched a complete game, striking out seven. The No. 8 seed in softball, Pella took out No. 1 Cedar Rapids Xavier in the quarterfinals and North Polk in the finals for head coach Katie Banowetz, who was to be married one day later.

Marissa Ferebee, Pella, cross country, Iowa

Pella’s Marissa Ferebee celebrates as finishing her race In the 3A girls state cross country meet at Lakeside Golf Course on Oct. 31, 2025, in Fort Dodge, Iowa. Ferebee won the 3A girls state cross country state title. / Nirmalendu Majumdar/Ames Tribune / USA TODAY NETWORK via Imagn Images

Pella’s Marissa Ferebee cemented her own place in the history books, winning a third consecutive Class 3A state cross country championship this past fall. The future Arkansas Razorback also was a state champion in track and field in the spring in the 3,000-meter run. She helped the Dutch earn a fourth consecutive team state cross country title, as well.

The Iowa high school football season was hit hard by a number of forfeits, as teams cited too few of healthy players to compete on the gridiron. One of those was defending eight-player state champion Remsen St. Mary’s, as the Hawks called a game at halftime and sat on the sidelines for multiple weeks to get enough healthy and experienced players ready to continue. Others called the season off entirely or did not even field a varsity team this past fall.

For the first time since the classification was created, someone other than Southeast Polk won the Class 5A title. That somebody? Ten-time state champion Dowling Catholic, as Ian Middleton led the Maroons past Iowa City Liberty, 27-10. Middleton ran for 206 yards and scored two touchdowns on 34 carries in the finals.



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Iowa’s Two Keys To Victory vs. Penn State

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Iowa’s Two Keys To Victory vs. Penn State


Sitting at 10-2 (1-0), the Big Ten grind starts now. Head coach Jan Jensen knows her Iowa Hawkeyes are coming off an extremely embarrassing loss, but at the end of the day it was to the No. 1 team in the nation.

Iowa has dropped two of their last three which contributed to them falling to No. 14 in the AP Top 25. They were previously as high as No. 11, but their 74-69 loss to No. 10 Iowa State didn’t help as they tried to enter the Top 10.

With a win over No. 7 Baylor earlier in the year, Iowa knows they have what it takes to get the job done. Now, they just need to take care of business against a Penn State school that is 7-5 (0-1).

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ESPN Analytics is on Iowa’s side as the Hawkeyes are given a 96.8% chance to win. Seeing as this game is played at Carver, it certainly helps their chances of getting back on track with an extremely difficult schedule ahead of them.

1. Limit Turnovers

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Dec 20, 2025; Brooklyn, New York, USA; Iowa Hawkeyes guard Taylor Stremlow (1) dribbles the ball against UConn Huskies guard Azzi Fudd (35) during the first half at Barclays Center. Mandatory Credit: Pamela Smith-Imagn Images | Pamela Smith-Imagn Images

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As simple as it sounds, Iowa turned the ball over 26 times against the Huskies. Seeing as this was their most recent game played, even though it was back on December 20, that is a number that continues to be brought up.

Jensen and company were extremely disappointed with their performance, but there’s no reason to lose hope after losing to the Huskies. That was their fourth Top 25 win of the year as they’re one of the most dominant No. 1 seeds in quite some time.

Now, Iowa just has to recover. They are about to enter the gauntlet that is their B1G schedule and they can’t let a pair of losses get to them. AP voters kept them ranked for a reason, and on paper, Iowa should have no issues taking control of this game against the Nittany Lions.

2. Get Everybody Involved

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Dec 20, 2025; Brooklyn, New York, USA; UConn Huskies forward Sarah Strong (21) and Iowa Hawkeyes guard Journey Houston (8) compete for the ball during the first half at Barclays Center. Mandatory Credit: Pamela Smith-Imagn Images | Pamela Smith-Imagn Images

Iowa is at their best when everyone is contributing. No matter how good Ava Heiden or Hannah Stuelke are, this is still a team game. Neither are ball-hogs, far from it, but the Hawkeyes seem to put together complete performances when four or more girls end the game with double digits.

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So far this season, Heiden has struggled against top opponents. She’s only a sophomore, so it isn’t too alarming to see her minutes dip significantly against Iowa State and UConn. That said, it would sure be nice to see her lead the way against PSU and drop 20+ for the third time this season.

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Don’t forget to bookmark Iowa Hawkeyes on SI for the latest news. exclusive interviews, recruiting coverage and more!



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