BlackRock's Strategic Income Fund Boosts Bitcoin ETF Holdings by 25%

BlackRock's Strategic Income Fund Boosts Bitcoin ETF Holdings by 25%

BlackRock Inc. has deepened its exposure to Bitcoin by significantly increasing its holdings in the iShares Bitcoin Trust (IBIT) within its Strategic Income Opportunities Portfolio. As of March 31, 2025, the $11 trillion asset manager held 2,123,592 shares of IBIT, valued at approximately $99.4 million. This represents a 25% increase from the 1,691,143 shares reported at the end of 2024. This strategic shift underscores BlackRock’s ongoing...

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