BlackRock, one of the world's largest asset management firms, is quietly changing the Bitcoin market landscape!
Overview of holdings:
Number of Bitcoins: 665,938
Total value: approximately $69.83 billion
Proportion of its crypto investment portfolio: 94.8%
Managed Fund: iShares Bitcoin Trust (IBIT)
Global ranking: Second, only behind Satoshi Nakamoto's wallet
Why is BlackRock heavily invested in BTC?
BTC's status is solid, regarded as 'digital gold'
Regulation in Brazil is becoming clearer, making it safer for institutions to enter
ETF popularity surges, IBIT becomes a money magnet
Bitcoin breaks $104,000, strong bull market signals
BlackRock is leading the institutional buying spree, as the crypto market shifts from being retail-led to institutionally concentrated.
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