American multinational investment giant BlackRock is capturing widespread attention in the spot Bitcoin ETF arena. A recent filing with the SEC reveals that the State of Wisconsin Investment Board (SWIB) has significantly increased its holdings in the BlackRock iShares Bitcoin Trust (IBIT).
This strategic move underscores mainstream investment firms' growing confidence and interest in Bitcoin, marking a crucial development in the financial landscape.
The increased investment by SWIB in BlackRock's Bitcoin ETF is seen as a positive indicator for the future of Bitcoin adoption among institutional investors.
Source : www.thecoinrepublic.com ↗
