BlackRock, the world's largest asset manager, has actively started accumulating Bitcoin, drawing attention from the market and experts.
Significant Bitcoin Purchases
BlackRock has made Bitcoin purchases worth $1.4 billion over six days, with $250 million acquired alone on June 17. This buying coincided with a decline in Bitcoin prices, likely perceived as an opportune investment moment. Currently, the iShares Bitcoin Trust (IBIT) manages approximately $74.8 billion and holds around 670,000 BTC.
Growing Institutional Support for Cryptocurrencies
BlackRock is not alone in its aggressive stance towards Bitcoin. Other major players like MicroStrategy and MetaPlanet have also increased their BTC holdings. In May 2025, inflows into crypto ETFs in the U.S. reached nearly $7 billion, indicating growing investor confidence.
Regulation and Bitcoin's Future
Since January 2024, a new chapter for Bitcoin ETFs has begun. After years of SEC resistance, 11 spot ETFs were approved. This signifies that Bitcoin has transformed from a speculative asset into a strategic component of investors' portfolios.
BlackRock's massive Bitcoin acquisitions underscore its transformation from a speculative asset to a valuable investment tool, alongside an improving regulatory environment and supportive infrastructure.
