BlackRock doubles down on IBIT exposure through its Global Allocation Fund

BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund. According to a filing with the US Securities and Exchange Commission (SEC), the shares amount to over $17 million as of Oct. 31.

The amount of shares reported in BlackRock’s recent filing is 117% larger than the 198,874 shares reported on July 31.

BlackRock doubles down on IBIT exposure through its Global Allocation Fund

BlackRock reported holding 430,770 shares of its spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT through its Global Allocation Fund. According to a filing with the US Securities and Exchange Commission (SEC), the shares amount to over $17 million as of Oct. 31.

The amount of shares reported in BlackRock’s recent filing is 117% larger than the 198,874 shares reported on July 31.

https://cryptoslate.com/blackrock-doubles-down-on-ibit-exposure-through-its-global-allocation-fund/