BlackRock Doubles Down on Bitcoin Investment, Boosting ETF Holdings by 25%

The world’s largest asset manager, BlackRock, has significantly increased its investment in Bitcoin via its ETF, doubling down on the cryptocurrency market. By March 31st, they boosted holdings to 2.12 million shares, a 25% jump, showcasing the growing institutional interest in crypto assets. This move aligns with the wider trend of increasing adoption by institutions, potentially leading to a major influx of capital into Bitcoin by 2025.