BlackRock, the world’s largest asset management firm, has added another 1,413 BTC to its holdings, strengthening its position in Bitcoin investments.
The recent purchase brought BlackRock's total Bitcoin holdings to over 363,626 BTC, worth approximately $23.68 billion.
This rapid accumulation of Bitcoin in just eight months after launching its Bitcoin ETF product reflects BlackRock's confidence in digital assets.
The increased interest in Bitcoin spot ETFs is not exclusive to BlackRock, as other funds have also seen strong inflows, indicating growing investor interest in Bitcoin as an investment vehicle.