TechFlow news, regulatory filings show that BlackRock's income and bond funds purchased shares of the firm's own spot Bitcoin (BTC) exchange-traded fund (ETF) in the first quarter.
BlackRock’s Strategic Income Opportunities Fund (BSIIX) bought $3.56 million worth of iShares Bitcoin Trust (IBIT) shares, while its Strategic Global Bond Fund (MAWIX) purchased $485,000 worth of IBIT shares. IBIT holdings represent a small portion of both BSIIX and MAWIX portfolios, which are valued at $37.4 billion and $776.4 million respectively.




