BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BREAKING NEWS

BlackRock is Dominating Bitcoin with Over 45,668 BTC Held

Matoy by Matoy
January 25, 2024
in BREAKING NEWS, CRYPTO, FINANCE, INVESTING
Reading Time: 2 mins read
2
SHARES
36
VIEWS
Share on XShare in TelegramShare on Reddit
  • BlackRock launched one of the first SEC-approved spot Bitcoin ETFs in January 2023, marking a milestone for the crypto industry.
  • According to reports, BlackRock’s spot Bitcoin ETF called iShares Bitcoin Trust now holds over 45,000 BTC worth over $18 billion just weeks after launch.
  • BlackRock’s considerable Bitcoin holdings highlight growing institutional adoption of crypto, and the asset manager may soon become one of the largest institutional holders of Bitcoin.

BlackRock made history by launching one of the first SEC-approved spot Bitcoin ETFs. As the largest asset manager in the world, the performance of their ETF carries major significance. Now that it has been trading for a few weeks, many are wondering – how much Bitcoin does BlackRock’s spot ETF hold?

ICYMI: BlackRock now holds 45,668 #Bitcoin worth over $1.8 billion 🚀

— BlockNews.com (@blocknewsdotcom) January 25, 2024

The Launch of Spot Bitcoin ETFs in the US

In January 2023, the SEC finally approved several spot Bitcoin ETF applications after over a decade of rejections. On January 10, 11 spot Bitcoin ETFs began trading, marking a milestone for the crypto industry. Asset management giant BlackRock launched its own spot Bitcoin ETF called iShares Bitcoin Trust on the Nasdaq exchange.

BlackRock’s Bitcoin Holdings Revealed

According to recent reports, BlackRock now holds 45,688 BTC worth over $18 billion for its spot Bitcoin ETF. The fund had a hugely successful inaugural week of trading. As hype around the ETF grows, holdings are expected to continue increasing in the coming days and weeks.

BlackRock’s CEO Larry Fink has voiced optimism about expanding the firm’s crypto offerings. He sees value in a potential spot Ethereum ETF. So far, Bitcoin ETF development has been positive news for the digital asset sector overall.

The Bottom Line

BlackRock’s considerable Bitcoin holdings highlight growing institutional adoption of crypto. The asset manager’s spot Bitcoin ETF is off to a strong start, holding over 45,000 BTC just weeks after launch. If holdings continue growing at this rate, BlackRock may soon become one of the large

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Bitcoinblackrockcrypto
Tweet1ShareShare
Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

DON'T MISS THESE! HOT OFF THE PRESS

Solana Faces “Most Important” Sell Wall Amid Whale Sell-Off Concerns
CRYPTO

Solana Faces “Most Important” Sell Wall Amid Whale Sell-Off Concerns

September 18, 2025
Polygon Takes the Lead in RWA Market With $1.1B Locked, Dune Report Reveals
CRYPTO

Polygon Takes the Lead in RWA Market With $1.1B Locked, Dune Report Reveals

September 18, 2025
Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade
CRYPTO

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)
BITCOIN

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News
CHAINLINK

What Happened in Crypto Today? – September 17: Fed Interest Rate Decision, Bullish DOGE and LINK News

September 17, 2025
Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You
FINANCE

Jerome Powell October Rate Decision Outlook: What to Expect and How it Will Effect You

September 17, 2025
Load More

Related News

Solana Faces “Most Important” Sell Wall Amid Whale Sell-Off Concerns

Solana Faces “Most Important” Sell Wall Amid Whale Sell-Off Concerns

September 18, 2025
Polygon Takes the Lead in RWA Market With $1.1B Locked, Dune Report Reveals

Polygon Takes the Lead in RWA Market With $1.1B Locked, Dune Report Reveals

September 18, 2025
Coinbase Teams Up with Ethereum Foundation on Open Intents Framework

Coinbase Teams Up with Ethereum Foundation on Open Intents Framework

September 18, 2025
Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

Here is What Aave’s CEO Just Revealed About the Q4 2025 Upgrade

September 17, 2025
How to Go From Zero to Your First Profitable Trade in Crypto (2025)

How to Go From Zero to Your First Profitable Trade in Crypto (2025)

September 17, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews