🖤BlackRock Increases Influence on Bitcoin ETFs

💰The financial giant will direct from 1% to 2% of its model portfolio of alternative assets ($150 billion) to the iShares Bitcoin Trust ETF (IBIT).

Why is it important?

✔️This opens up a huge flow of institutional capital in IBIT

✔️BlackRock continues to strengthen Bitcoin's position among traditional investors

✔️A new sustainable source of demand for BTC is being created

📈Another step towards the mass adoption of bitcoin in the world of traditional finance!