📈 BlackRock continues to build up its position in the cryptocurrency, accumulating more than 2.1 million shares of its bitcoin ETF worth about $99.4 million as of March 31, 2025. 🌟
This growth was made possible by a significant increase in demand for bitcoin ETFs, resulting in net inflows of over $1.5 billion in just two days. Taking into account the fact that the BlackRock ETF has become the largest in its category, we see a bright trend among asset managers to diversify into bitcoin, as traditional investment paths are being re-examined.