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BlackRock's Strategic Fund Increases Its Ownership of Bitcoin by Over $3.50 million

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2024-05-28 16:35:50
According to documents filed with the SEC, BlackRock's "BlackRock Strategic Income Opportunities Portfolio" fund increased its holdings of bitcoin through IBIT, worth about $3.56 million.
Bloomberg ETF analyst Eric Balchunas responded, "It's interesting that Rick Rieder, who runs the fund, is BlackRock's chief investment officer and co-head of global fixed income."
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