10 trillion dollars asset managers Blackrock has bought almost $ 50 million in Bitcoin as other asset managers sell in the past week. Arkham Intelligence Data highlights the recent purchase and sales activity of large financial institutions that handle Bitcoin ETFs. The platform’s latest information reveals that Blackrock acquired about 515 BTC, worth just over $ 49 million at the press time.
Grayscale Investments and Invesco recently unloaded some of their Bitcoin stash for unknown reasons. Bitcoin has so far been up and down in 2025 but is overall by over 6% over the past month. Blackrock, which is the world’s largest asset manager after the total asset value, still seems much confidence in Cryptocurrency despite mixed marketing terms. Blackrock currently has about $ 60 billion in Bitcoin.
Also read: Can Bitcoin (BTC) reach $ 300,000 2025?
In addition to ETF owners who increase their holdings, several institutions also increase their ETF holdings themselves. Goldman Sachs is one of the latest banks to increase their Bitcoin ETF holding. From the fourth quarter, the financial giant has $ 1.57 billion in BTC ETF products, up from $ 710 million in the third quarter. Correspondingly, the increase translates to an increase of 121% below a quarter.
Bitcoin deals just north about $ 97,000 at press time. Price forecasts for access are Hausse, which indicates several new all-time highs this year. According to Coincex, Bitcoin (BTC) will continue to collect in the coming months. The platform expects the asset to break its current peak on February 19, 2025. CoinCex predicts BTC to hit a new top of $ 159,134 on May 8 2025. In addition, will hit $ 159,134 from current price levels to mean a rally of over 60%.