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BlackRock’s Global Allocation Fund Unveils Impressive $47.4M in Bitcoin ETF Holdings

  • 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.

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