BlackRock Strengthens Crypto Lead With $65B in Bitcoin Reserves

Quick Summary:

It also signals growing institutional trust in Bitcoin as a legitimate investment asset.

BlackRock’s spot Bitcoin ETF now holds 631,962 BTC, worth approximately $65 billion.

This highlights the asset manager’s dominance in the crypto ETF space.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Market News Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-18 @ 13:50:13 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 319 words

Reading Time: 2 minutes read

Sentences: 38 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28786302

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 1 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 1 days ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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