It has been an unforgettable week for Bitcoin and Cryptocurrency Asset Class. The leading Krypton has risen since Wednesday and skyrocketing to one New all-time high Over $ 111,000 brand. In addition, it has been massive for Blackrock, as the asset manager silently has become the second largest bitcoin holder in the world in the midst of what is a historical increase.
$ 11 trillion asset managers have been a major supporter of bitcoin for much of the last two years. It actually broke new ground 2024 when it was one of the original issuers of the landmark Spot Bitcoin ETFS to go to the market. These products have played an important role in their ongoing power that has seen it reach new heights constantly.
Blackrock now only tracks Satoshi himself in Bitcoin Holdings
In April this year, Blackrock Head Larry Fink Discussed the emergence of bitcoin at global level. Specifically, he was clear in his belief that BTC could eventually replace the US dollar as a global reserve supply. His conviction was strong, and it was anchored in the potential that both FINK and investors saw in Cryptocurrency.
It has continued to be realized this year. Asset increases more than 24% in the last 30 days, according to Coinmarketcap. In addition, the price increase has been huge for Blackrock, as Pro-Crypto Asset Manager has now become the second largest bitcoin holder in what is an outstanding drive to $ 111,000.
Blackrock becomes the second largest bitcoin holder@Blackrockalready the leading supplier of #Bitcoin ETFs of assets under management continue to grow their Bitcoin holdings. For many institutional players, #Bitcoinetf is the most practical or sometimes the only way to win … pic.twitter.com/9MWQRBT3QL
– cryptorank.io (@cryptorank_io) May 21, 2025
Also read: Blackrock meets Sec to talk cover, tokenization and more
The investment product is now ranked among the 5 best US ETFs this year, according to Bloomberg, reported Erikbalchunor. It will probably not change soon. In addition, it should only encourage any approval of even more crypto -based ETFs. Specifically, symbols such as Solana (SoL) and Ripple (XRP) have their decisions in anticipation of currently.