BlackRock Global Allocation Fund increases BTC investment exposure through IBIT, with a holding value of $47.4 million

According to a report by Golden Finance, the BlackRock Global Allocation Fund, which manages approximately $15.8 billion in diversified assets, has increased its BTC investment exposure through the Bitcoin exchange traded fund IBIT. According to documents submitted to the US Securities and Exchange Commission (SEC), as of January 31, 2025, the fund held 821664 shares of IBIT (worth $47.4 million, accounting for 0.25% of the portfolio), compared to only 43000 shares at the end of the first quarter of 2024, indicating that BlackRock Global Allocation Fund's investment in Bitcoin continues to rise.