BlackRock in-house portfolio boosts IBIT Bitcoin ETF exposure by 25%
The $11 trillion asset manager reported holding more than 2.1 million shares of IBIT as of March 31. BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy. As of March 31, 2025, the BlackRock…