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/