BlackRock Boosts Bitcoin Investment, Signals Mainstream Acceptance
Update: 2025-11-28
Description
BlackRocks Strategic Income Opportunities Portfolio has significantly increased its investment in Bitcoin, now holding nearly two point four million IBIT shares, valued at approximately one hundred fifty-five point eight million dollars. This move, revealed in a recent SEC filing, highlights a growing interest in digital assets from major financial players. The funds broad mandate allows it to include non-traditional holdings such as ETFs, enabling it to integrate IBIT alongside its traditional fixed-income investments. Meanwhile, IBIT has been making headlines with the Nasdaq ISE filing to remove position limit for IBIT options, potentially opening the door for greater trading activity. Institutional ownership of IBIT has been steadily climbing, now reaching its highest level since its launch, indicating a growing acceptance and integration of Bitcoin into mainstream investment portfolios.
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