BlackRock's Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months

BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in Janua...

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BlackRock's Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months

Source: CryptoSlate

BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in January 2024. According to a filing submitted to the US Securities and Exchange Commission (SEC) on March 2, the fund held 821,664 shares of IBIT as of Jan. […]