News
Significance:
7/10

BlackRock raises Bitcoin exposure by 38% in its $17.1 billion Global Allocation Fund

https://cryptoslate.com/blackrock-raises-bitcoin-exposure-by-38-in-its-17-1-billion-global-allocation-fund

Gino Matos

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
BlackRock's increased Bitcoin ETF holdings demonstrate growing institutional confidence in Bitcoin.
Bullish
The firm is systematically increasing Bitcoin exposure and setting recommended allocation ranges.