BlackRock doubles down on IBIT exposure through its Global Allocation Fund

BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund. According to a filing with the US Securities and Exchange Commission (SEC), the shares amount to over $17 million as of Oct. 31. As highlighted by X user identified as MacroScope, the amount of shares reported … Continue reading BlackRock doubles down on IBIT exposure through its Global Allocation Fund