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BlackRock’s (NYSE: BLK) Global Allocation Fund has reported owning 821,664 Bitcoin exchange-traded fund (ETF) shares worth $47.4 million as of Jan. 31, 2025, as per the Wall Street giant’s filing with the U.S. Securities and Exchange Commission (SEC).
The figure reflects a 91% increase in share ownership from 430,770 shares as of Oct. 31, 2024.
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