Bloomberg Analyst: BlackRock reportedly to add Bitcoin ETF to a smaller model portfolio
Bloomberg senior ETF analyst Eric Balchunas revealed on platform X that he heard BlackRock has added the Bitcoin ETF IBIT to a smaller model portfolio. This is a small allocation in the alternative category, but it's the first time BlackRock has included a Bitcoin ETF in its investment model, so it's worth paying attention to, as if they are testing the waters.
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Data: 527.22 BTC transferred out from a certain exchange, routed through intermediaries, and flowed into BlackRock.
Bit Digital: Held over 150,000 Ethereum as of the end of November, valued at approximately $460 million