Abu Dhabi investment vehicles together held over 20 million shares of BlackRock’s Bitcoin IBIT at the close of last year, with a combined value exceeding $1.1 billion.
An executive from BlackRock said that a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market.
Delaware Life Insurance Company has become the first U.S. insurer to offer a fixed index annuity tied to a BlackRock index blending 74% S&P 500, 25% Bitcoin, and 1% cash.
The Abu Dhabi Investment Council more than tripled its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares in Q3, viewing Bitcoin as a long-term digital gold allocation.
BlackRock’s iShares Bitcoin Trust (IBIT) has officially made history. The Bitcoin ETF surged past $70 billion in assets under management (AUM), reaching the milestone...
PREDICT BITCOIN
