BlackRock to allocate up to 2% of model portfolio to IBIT Bitcoin ETF

BlackRock, the world’s largest asset manager with over $10 trillion in assets under management, is incorporating Bitcoin into its own model portfolio. According to a Bloomberg report on Feb. 28, the asset manager will allocate 1% to 2% of its…

Bitcoin investor Stephen Weiss cuts exposure as ‘momentum dies’

New Jersey-based investor Stephen Weiss took profits from his Bitcoin position via BlackRock’s iShares ETF.

Avenir Group expands Bitcoin ETF stake as institutional interest grows

Avenir Group has expanded its Bitcoin holdings, reporting $599 million in BlackRock’s iShares Bitcoin Trust.   Avenir’s increased exposure was revealed in its 13F filing, which details institutional investments, including asset positions and valuations.

Wisconsin, Abu Dhabi disclose hundreds of millions in Bitcoin ETFs

Wisconsin more than doubled its Bitcoin exposure in three months, while Abu Dhabi’s sovereign wealth fund disclosed its public BTC purchase.

BlackRock to list Bitcoin ETP in Europe: report

BlackRock plans to launch its first Bitcoin exchange-traded product in Europe following the success of its $58 billion U.S. Bitcoin ETF. The fund is expected to be domiciled in Switzerland, sources familiar with the matter told Bloomberg.  BlackRock could begin…

BlackRock Files To Change Its Bitcoin ETF To Allow For In-Kind Redemptions — Good News For BTC?

Asset management giant BlackRock is pushing for a significant update to its spot Bitcoin (BTC) exchange-traded fund, the iShares Bitcoin Trust.

BlackRock CEO: Bitcoin could hit $700k, company buys $600m Bitcoin

BlackRock CEO Larry Fink has suggested that Bitcoin’s price could surge to $700,000 if sovereign wealth funds allocate 2% to 5% of their portfolios to the cryptocurrency. Speaking at the World Economic Forum in Davos, Fink highlighted Bitcoin (BTC) as…