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ThuanCapital.Fanclub ⭐️
@halleu
BlackRock continues to buy BTC ETFs for its Global Allocation Fund, now owning 198K shares (~$7.4M) of IBIT as of July 31. This is an increase from the 43K shares (~$1.6M) reported in June. This is still a small, but growing, allocation, and BTC is shaping up as a long-term asset that BlackRock will continue to add to over time, and will likely be added to more funds in the future.
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