BlackRock Strengthens Crypto Lead With $65B in Bitcoin Reserves
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3 Articles
BlackRock BUIDL Fund Achieves Phenomenal $2.88B Milestone On Ethereum
BitcoinWorld BlackRock BUIDL Fund Achieves Phenomenal $2.88B Milestone on Ethereum Get ready for some exciting news from the intersection of traditional finance and the blockchain world! BlackRock, one of the globe’s largest asset managers, has seen its tokenized fund, known as BUIDL (BlackRock USD Institutional Digital Liquidity Fund), achieve a significant milestone. As of May 18th, the BlackRock BUIDL fund now holds a staggering $2.88 billion…
BlackRock Strengthens Crypto Lead With $65B in Bitcoin Reserves
BlackRock’s IBIT now holds 631,962 BTC, valued at $65 billion. The fund controls nearly 3% of Bitcoin’s total supply. BlackRock’s spot Bitcoin ETF now holds 631,962 BTC, worth approximately $65 billion. This highlights the asset manager’s dominance in the crypto ETF space. It also signals growing institutional trust in Bitcoin as a legitimate investment asset. Since its launch, BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent in…
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