BlackRock Expands Bitcoin ETF Holdings as Institutional Demand Rises 💼
BlackRock, renowned as the world's largest asset manager, is enhancing its investment in Bitcoin by expanding its spot Bitcoin Exchange-Traded Fund (ETF). This move underscores a growing institutional commitment to cryptocurrency. A recent SEC filing reveals that BlackRock's Strategic Income Opportunities Portfolio held 2,123,592 shares of the iShares Bitcoin Trust (IBIT) as of March.
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