BlackRock Now Holds Over $87B in Bitcoin
BlackRock owns more than 3% of all Bitcoin, with over $87 billion in holdings.
- BlackRock holds over $87B in Bitcoin.
- This makes up more than 3% of Bitcoin’s total supply.
- Institutional interest in Bitcoin continues to grow.
BlackRock, the world’s largest asset manager, now holds over $87 billion worth of Bitcoin, reflecting a powerful signal of institutional confidence in the crypto space. This massive holding means BlackRock controls more than 3% of Bitcoin’s total supply, a staggering share that showcases how deeply institutional finance is integrating with the digital asset world.
The surge in holdings comes primarily through BlackRock’s spot Bitcoin ETF (IBIT), which has seen consistent inflows since its approval. Investors, both retail and institutional, have been using the ETF to gain exposure to Bitcoin without holding it directly. As a result, BlackRock’s ETF has rapidly become one of the top holders of Bitcoin globally.
What This Means for the Market
The significance of BlackRock’s Bitcoin holdings goes beyond numbers. When a traditional financial powerhouse like BlackRock accumulates such a substantial share of Bitcoin, it reinforces trust and legitimacy in the crypto market. It also signals a shift where Bitcoin is increasingly viewed not just as a speculative asset, but as a strategic store of value.
Additionally, this level of ownership brings new dynamics to the market. With over 3% of the supply in its hands, BlackRock can influence liquidity and price movements, making institutional behavior more critical to track for Bitcoin investors.
Institutional Momentum Is Building
BlackRock isn’t alone. Other major players like Fidelity and ARK Invest are also expanding their crypto-related products. However, BlackRock’s scale gives it unique leverage. Its Bitcoin ETF has outpaced many others in terms of assets under management (AUM), and its influence in traditional finance could help bridge the gap between Wall Street and decentralized finance (DeFi).
This trend underscores a broader movement: crypto is no longer a niche asset class—it’s becoming central to modern portfolio strategies.
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