Important points
- BlackRock purchased $211 million worth of Bitcoin on behalf of its customers, highlighting continued institutional demand for crypto assets.
- BlackRock manages over 800,000 BTC through its Spot Bitcoin ETF, making it a powerful force in the crypto ETF market.
BlackRock, the world’s largest asset manager, acquired $211 million worth of Bitcoin on behalf of clients on Tuesday. This purchase increases the crypto holdings through BlackRock’s Spot Bitcoin ETF, which managed over 800,000 BTC as of mid-October 2025.
The acquisition reflects continued institutional demand for Bitcoin amid continued market volatility. BlackRock continues to purchase Bitcoin on behalf of its clients, demonstrating strong institutional interest in crypto assets as part of a broader investment strategy.
The Spot Bitcoin ETF serves as BlackRock’s primary vehicle for providing clients with exposure to BTC and has helped bring crypto investing to the mainstream among institutional investors. The company’s continued accumulation strategy represents part of a broader shift in Bitcoin ownership from individual investors to large institutional groups.