BlackRock's Bitcoin ETF ”IBIT” holdings increase by 25%... Institutional demand continues to grow

BlackRock, the world's largest asset manager with $11 trillion in assets under management, has significantly increased its Bitcoin ETF holdings through its strategic portfolio.
On the 27th (local time), BlackRock announced in a document filed with the U.S. Securities and Exchange Commission (SEC) that as of March 31, its Strategic Income Opportunities Portfolio had
The company revealed that it holds 2,123,592 shares in iShares Bitcoin Trust (IBIT), a Bitcoin spot ETF.
The valuation will be approximately $99.4 million, an increase of approximately 25.5% from the 1,691,143 shares held as of December 31, 2024.
IBIT is one of 11 Bitcoin spot ETFs approved by the SEC in January 2024, and has since grown rapidly, becoming the largest ETF by net asset value.
According to Bitgo, IBIT currently has more than $72 billion in net assets, tying it with the second-largest fund, Fidelity's Wise Origin Fund (FBTC), which has about $50 billion in assets.
"While the portfolio is primarily a fixed income focused strategy, it seeks diversified market exposure to maximize returns and preserve capital," a BlackRock spokesman said.