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BlackRock Adds 4,000 Bitcoin ETF (IBIT) Shares To Strategic Global Bond Fund

Summary by Coingape

BlackRock has disclosed an updated Strategic Global Bond Fund portfolio, revealing a notable increase in its Bitcoin holdings. As of June 30, 2024, the fund held 16,000 shares of the iShares Bitcoin Trust (IBIT), up from 12,000 shares reported at the end of May. BlackRock Expands Bitcoin ETF Holdings According to a recent filing, BlackRock’s Strategic Global Bond Fund has increased its exposure to Bitcoin by adding 4,000 shares of the iShares Bi…

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LATEST: BlackRock Increases Bitcoin Investment to 16,000 IBIT Shares Globally

BlackRock has significantly increased its Bitcoin investments, now holding 16,000 shares of the iShares Bitcoin Trust (IBIT) as of June 30, 2024, reflecting a substantial addition of 4,000 shares since May. This update showcases BlackRock’s deepening confidence in Bitcoin and marks a progressive stance towards integrating cryptocurrency into its diverse portfolio of global investments. The move aligns with a broader trend where financial giants …

6 months ago

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Cryptopolitan

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BlackRock’s global bond fund raises Bitcoin stake to 16,000 IBIT shares

BlackRock has upped its Bitcoin game again. The latest portfolio for their Strategic Global Bond Fund shows they’ve added more Bitcoin to their stash. As of June 30, they’ve got 16,000 shares of the iShares Bitcoin Trust (IBIT) in their bag. This is a jump from 12,000 shares at the end of May. The U.S. spot Bitcoin ETFs are killing it. They pulled in a cool $252 million in a single day. That’s the biggest cash flow since late July. This has pus…

6 months ago

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