BlackRock clients invest $322.4M in Bitcoin

BlackRock clients have purchased $322.39 million in Bitcoin, underscoring the growing interest from large asset managers in cryptocurrency as a portfolio diversifier. This transaction highlights the significance of BlackRock’s spot Bitcoin ETF, which acts as a key gateway for traditional finance clients to gain regulated exposure to Bitcoin. Additionally, the ETF product, IBIT, offers institutional-grade custody and direct Bitcoin holdings, enhancing the seamless integration of cryptocurrency into client portfolios.

Source

You might be interested in …

Bitcoin News Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

Bitcoin Desk February 15, 2026

BlackRock’s Bitcoin Trust sees 0.2% redemption amid volatility

At Bitcoin Investor Week 2026, BlackRock’s Global Head of Digital Assets, Robert Mitchnick, revealed that despite the recent volatility and Bitcoin’s price dip to around $60,000–$66,000, only about 0.2% of the iShares Bitcoin Trust was […]

How Stablecoins Maintain Their Dollar Peg

Bitcoin Desk February 24, 2026

Bitcoin solo miner strikes block, earns 3.128 BTC

A solo Bitcoin miner managed to mine an entire block, earning 3.128 BTC, valued at approximately $197,546, despite the staggering odds of about 1 in 8,000. This achievement underscores Bitcoin’s ability to maintain mining decentralization, […]

ZRO slides 12% as token unlock pressure mounts: Spot buyers step in

Bitcoin Desk March 1, 2026

Bitcoin regains $68,000 following announcement of Khamenei’s death

Bitcoin has surged to $68,000 following the announcement of the death of Iran’s Supreme Leader Khamenei. This significant geopolitical event is likely influencing Bitcoin’s price, as cryptocurrency markets often react to major international political developments, […]