BlackRock’s Global Allocation Fund now holds $47.4 million in Bitcoin ETF shares, increasing its Bitcoin allocation to 0.25%.The fund added 390,894 IBIT shares, increasing its Bitcoin exposure by 91% since Q3 2024.BlackRock’s fund has seen significant growth in Bitcoin ETF holdings, increasing by 1,810% since its launch in January 2024.Institutional adoption of Bitcoin has fueled the trend, with BlackRock introducing IBIT to its model portfolio and targeting a 1-2% allocation.