BlackRock’s Strategic Income Opportunities has boosted its Bitcoin ETF shares to 2.12 million, valued at 99.4 million USD. This demonstrates increased institutional interest in Bitcoin as an emerging alternative asset.
With Bitcoin (BTC) trading at 108,885.65 USD and a market cap of 2.16 trillion USD, institutional allocations typically lead to significant price movements, indicating a trend toward crypto acceptance in traditional finance.
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