From Investing.com:

BlackRock has acquired 16,361 BTC for its listed spot ETF, the iShares Bitcoin Trust (IBIT), now worth $707.43 million. Surpassing Tesla, BlackRock ranks third among companies in Bitcoin holdings, showing significant market activity. However, Grayscale’s 617,000 BTC may pose challenges, as the fund’s influence could affect the cryptocurrency market and cause pressure on spot BTC sales.



Read more: BlackRock’s Updated Bitcoin (BTC) Holdings Uncovered, Hold on Tight By U.Today