How Much BTC hold BlackRock right now?

How Much BTC hold BlackRock right now?

BlackRock’s Bitcoin holdings depend on whether you’re looking at their total exposure or just their direct holdings through their spot ETF:

Total Exposure:

  • Estimated 45,688 BTC ($1.8 billion): This is the amount currently held in their iShares Bitcoin Trust, launched in January 2024.

Direct Holdings:

  • 11,439 BTC ($469.9 million): This is the reported direct holding of Bitcoin by BlackRock, separate from their ETF.

Therefore, depending on what you consider “hold,” BlackRock currently has:

  • Directly: 11,439 BTC
  • Through ETF: 45,688 BTC
  • Combined: 57,127 BTC (approximately $2.3 billion)

How to track updates:

  • BlackRock website: While they may not update daily holdings, their website provides information on their iShares Bitcoin Trust, including assets under management (AUM).
  • Cryptocurrency market data platforms: Many platforms like CoinMarketCap, CoinGecko, and CryptoCompare track Bitcoin’s price and trading volume, including exchange order book data, which can offer insights into potential selling pressure.
  • News and analysis websites: Stay updated with news and analysis from credible sources that cover the Bitcoin market and BlackRock’s involvement. Some examples include Cointelegraph, The Block, and Bloomberg.

Remember:

  • Bitcoin’s price and market dynamics can change rapidly. These figures are accurate as of today (January 26, 2024), but may not reflect the current situation.
  • Always practice caution and conduct your own research before making any investment decisions.

I hope this information helps!

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