Brevan Howard Asset Management has announced its largest investment in BlackRock's Bitcoin ETF, adding over $2.32 billion to its stake.
Brevan Howard's Investment in BlackRock Bitcoin ETF
Brevan Howard Asset Management has disclosed holding over $2.32 billion in BlackRock's iShares Bitcoin Trust ETF. This data was confirmed through SEC filings, showing an increase from 21.9 million shares to about 37.5 million.
Impact on Bitcoin Market
This substantial stake is impacting the Bitcoin market, enhancing investor confidence. The increase in ETF shares coincided with a surge in Bitcoin prices from approximately $82,500 in March to over $107,000 by June 2025.
Institutional Investments and Bitcoin Prices
Brevan Howard's growing asset allocation underscores institutional confidence in Bitcoin ETFs. With more than 20% of the fund's flagship portfolio now in IBIT, analysts suggest this could support Bitcoin prices. This aligns with historical trends where substantial institutional entries stimulated price increases in the crypto market.
The rise of Brevan Howard's stake in BlackRock's Bitcoin ETF reflects growing institutional interest in digital assets, likely continuing to impact the Bitcoin market.
