1. iShares Bitcoin Trust Hits $70B — BlackRock’s spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), has become the fastest ETF in history to reach $70 billion in assets, achieving the milestone in just 341 trading days—five times faster than the SPDR Gold Trust (GLD).
2. Institutional Bitcoin Buying Ramps Up — On June 10 alone, IBIT added 3,005 BTC (approximately $336 million), pushing its total holdings to around 662,500 BTC This makes it the largest institutional holder of Bitcoin globally.
3. Expanding Ethereum Exposure — BlackRock has also increased its Ethereum holdings, acquiring about $80 million worth of ETH. Its spot ETH ETF recorded weekly inflows of $249 million, reflecting growing institutional interest in Ethereum.
4. Early Stages of Institutional Crypto Adoption — According to BlackRock’s digital assets team, institutional adoption of Bitcoin is still in its early phases, though regulatory clarity and accelerating capital inflows are helping drive momentum.
5. Advancing Tokenization — Beyond ETFs, BlackRock is actively developing blockchain-based financial products, such as its BUIDL tokenized U.S. Treasury fund and supporting infrastructure platforms like Securitize, signalling a broader move into digital asset innovation.
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