Blackstone Invests in Bitcoin via ETF, Entering Cryptocurrency Market

Asset manager Blackstone Inc. has revealed its involvement in the cryptocurrency market through a strategic move. In an SEC filing on May 20, 2025, Blackstone disclosed holdings of 23,094 shares of the iShares Bitcoin Trust ETF (IBIT) within its Alternative Multi-Strategy Fund. This investment provides indirect exposure to Bitcoin for the firm, allowing it to participate in the crypto market without direct ownership risks like custody and regulatory compliance.