BlackRock’s IBIT Bitcoin exchange-traded fund (ETF) recently witnessed a notable 15% increase in institutional holdings during the third quarter. This surge signals a significant shift in how traditional finance views cryptocurrency investments, as major financial players are increasingly adopting Bitcoin through regulated vehicles like ETFs. analysis shows that the number of BlackRock IBIT institutional holders jumped by 15%, compared to the previous quarter, indicating a broader adoption trend across financial institutions. This growth is driven by several factors, including the growing popularity of decentralized finance (DeFi) applications and increased interest from institutional investors looking to diversify their portfolios. 29% of all IBIT ETF holders now identify as institutional entities, a testament to this growing acceptance in the investment landscape. This trend shows that professional money managers are becoming more comfortable with Bitcoin exposure through regulated vehicles like ETFs.