Bitcoin.com logoDownloadMarket UpdatesPress ReleasesAboutAdvertiseNEWSby Jamie Redman2 days ag
Recent data reveals that Blackrock, the globe’s leading asset manager boasting over nine trillion in assets under management (AUM), now possesses 33,430.56 bitcoin, valued at approximately $1.34 billion. Similarly, the financial powerhouse Fidelity has increased its bitcoin holdings, with the Fidelity Wise Origin spot bitcoin exchange-traded fund (ETF) now owning 30,169.54 bitcoin, equivalent to around $1.26 billion in value.
Financial Titans Blackrock and Fidelity Amplify Bitcoin Holdings
The latest figures, as of January 19, 2024, show that Blackrock’s Ishares IBIT spot bitcoin ETF has expanded its bitcoin reserves to 33,430.56 BTC, marking a rise of 4,808.56 BTC since their previous disclosure. The value of this digital currency cache, as of January 22, 2024, is pegged at $1.34 billion, based on the current BTC exchange rates. Blackrock’s IBIT stands out as the second-largest spot bitcoin ETF in terms of reserves, trailing only behind Grayscale’s GBTC.
Blackrock’s latest IBIT update.
Hot on Blackrock’s heels, Fidelity’s FBTC is also on a bitcoin accumulation spree. As reported on their website on January 22, 2024, Fidelity now holds 30,169.54 bitcoin, with a market value of $1.26 billion.
