BlackRock funds boost spot Bitcoin ETF holdings to $78M
November 28, 2024, 8:37 PM
BlackRock's funds BSIIX and MAWIX have significantly increased their holdings in the iShares Bitcoin Trust (IBIT), now totaling $78 million as of Sept. 30, according to Crypto Briefing. BSIIX added over 2 million shares, while MAWIX purchased 24,000, reflecting growing institutional interest in spot Bitcoin ETFs. IBIT has rapidly grown since its January launch, surpassing $48 billion in assets under management.
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