BlackRock Global Allocation Fund has increased its exposure to BTC through IBIT, with a shareholding value reaching US$47.4 million
Online reports that BlackRock's global allocation fund, which manages approximately US$15.8 billion in diversified assets, has increased its exposure to BTC through Bitcoin exchange-traded fund IBIT. According to documents filed with the US Securities and Exchange Commission (SEC), the fund has held 821664 shares of IBIT as of January 31, 2025 (Value reached US$47.4 million, with a portfolio accounting for 0.25%), compared with only 43,000 shares held at the end of the first quarter of 2024, indicating that BlackRock's Global Allocation Fund's investment in Bitcoin continues to show an upward trend.
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