BlackRock’s Global Allocation Fund raises Bitcoin exposure by 1,810% over 12 months

BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since the ETF was launched in January 2024. According to a filing submitted to the US Securities and Exchange Commission (SEC) on March 2, the fund held 821,664 shares of IBIT as of Jan. source: https://cryptoslate.com/blackrocks-global-allocation-fund-raises-bitcoin-exposure-by-1810-over-12-months/