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BlackRock Strategic Income Fund significantly increased its holdings in BIT in Q3, with current holdings valued at over $150 million.
BlackRock's proprietary mutual fund - Strategic Income Opportunities Portfolio has recently increased its holdings in the iShares Bitcoin Trust (IBIT), indicating that institutional interest in Bitcoin continues to rise. According to the latest documents submitted to the U.S. Securities and Exchange Commission (SEC), as of September 30, the portfolio held 2,397,423 shares of IBIT, valued at approximately $155.8 million, an increase of 14% compared to 2,096,447 shares at the end of June.
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