Krutika Adani
Blackstone reports holding $1.08M in BlackRock’s Bitcoin ETF (IBIT) — a tiny slice of its trillion-dollar pie.
The buy included 23,094 IBIT shares, 4,300 Bitcoin Depot shares, and $181K in BITO ETF.
From skepticism to slow adoption — Blackstone’s move signals shifting tides in TradFi’s crypto stance.
Despite Wisconsin’s $3.7B selloff, BlackRock’s IBIT hasn’t seen an outflow in 6 weeks.