May 16, 2025

BlackRock Buys $2.4 Billion in Bitcoin This Week, Paves Way for Institutional Adoption

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The post BlackRock Buys $2.4 Billion in Bitcoin This Week, Paves Way for Institutional Adoption appeared first on Coinpedia Fintech News The World’s largest asset manager, BlackRock has reportedly bought around $2.4 billion worth of Bitcoins this week in preparation for the launch of its Bitcoin ETF offering. This massive purchase and another $300 million worth of Bitcoins gathered over just two days are some signs that BlackRock believes in the digital asset now. It has …

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