
blackrock Global Allocation Fund | 91% IBIT Investment Boost
BlackRock, the world’s largest asset manager, has increased its bitcoin investment. The company’s Global Allocation Fund has boosted its iShares Bitcoin Trust (IBIT) holdings by 91% to $47.4 million as of January 31, 2025, according to a recent SEC filing. BlackRock’s growing bitcoin exposure shows institutional investors are warming up to the scarce digital asset….