BlackRock Discloses 43,000 Share Stake in Bitcoin ETF

In a recent SEC filing, BlackRock’s Global Allocation Fund disclosed its acquisition of an additional 43,000 shares of the iShares Bitcoin Trust as of April 30. This follows previous disclosures on May 28, revealing the fund’s exposure to Bitcoin through its Strategic Global Bond Fund and Strategic Income Opportunities Portfolio.



BlackRock is strategically integrating Bitcoin into its investment portfolio, reflecting its increasing interest in the digital currency market. The latest share purchases indicate a growing trend among traditional financial institutions towards investing in Bitcoin and Bitcoin ETFs.



Bitcoin Expansion



The approval of Bitcoin ETFs has notably shifted the investment landscape, with approximately 80% of ETF purchases originating from retail investors using online brokerage accounts. The involvement of maj


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