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.
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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.
Gino Matos 2 min read
According to the report, more than a dozen banks will participate in the trial, including BNP Paribas and BNY Mellon.
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Robbie Mitchnick stated that institutional penetration lags significantly behind retail adoption, despite the success of products such as IBIT and ETHA.
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