
BlackRock raises Bitcoin exposure by 38% in its $17.1 billion Global Allocation Fund
The diversified fund held 1,000,808 IBIT shares valued at $66.4 million as of July 31, up from 723,332 shares on Apr. 30.

Explore BlackRock crypto news, including ETF developments, Bitcoin strategy, digital asset products, and institutional market influence.

Ownership shifting from retail speculators to long-term institutional allocators marks the "The Great Crypto Rotation."

RLUSD’s rapid growth showcases its potential as a stable exchange tool for institutional tokenized funds like BlackRock's BUIDL.

The funds will purchase spot Bitcoin and Ethereum ETFs, while simultaneously shorting futures contracts to profit from price differentials.

Haseeb Qureshi advocated for meta-incentives based on users' historical token behavior rather than platform-specific metrics.

Institutional inflows and collateral integrations set stage for record year end.

The report comes in the same week as Nasdaq filed with the SEC to trade tokenized stocks and ETFs on its platform.



