BlackRock's two funds bought IBIT shares in the first quarter of this year
2024-05-28 23:43:54
According to filings with the Securities Exchange Commission (SEC), two funds managed by Quarter 1 BlackRock purchased the company's Bitcoin Spot Bitcoin ETF (IBIT) this year. The BlackRock Strategic Income Opportunities Fund bought nearly $3.60 million worth of IBIT shares, while the BlackRock Strategic Global Bond Fund bought $486,000 worth of IBIT shares. At the same time, BlackRock IBIT has seen more inflows than other congeneric products since its launch in January.
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