TechFlow news, Bloomberg ETF analyst Eric Balchunas posted on X: "Heard a rumor that BlackRock might move its trust assets (estimated around $200 million) into the iShares Bitcoin Trust (IBTC). This wouldn't represent new demand, but could help IBTC during the early phase of ETF competition. What's more important to watch is whether and when BlackRock decides to include IBTC in their model portfolios."
Eric Balchunas added: "The $200 million is just a best estimate of the AUM in BlackRock’s Bitcoin private trust—we’re not certain of the exact figure. So if a spot Bitcoin ETF gets approved, theoretically many people could voluntarily roll their Bitcoin holdings into the ETF. I wouldn't be surprised if, within months of launch, this ETF were added to one of their more aggressive model portfolios (all speculation, of course)."
