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BlackRock buys $1.5B in Bitcoin, boosting holdings to 801,769 BTC amid strong ETF demand

Market News
03 Oct 2026, 17:38 WIB
UToday
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Bullish
BlackRock buys $1.5B in Bitcoin, boosting holdings to 801,769 BTC amid strong ETF demand

BlackRock has increased its Bitcoin holdings by $1.57 billion over the past month, now owning 801,769 BTC valued at about $67.87 billion. This buying spree coincides with strong demand for its spot Bitcoin ETF, IBIT, and follows Bitcoin's recent price rebound above $84,000. Bitcoin now represents over 87% of BlackRock's $77.93 billion crypto portfolio, reinforcing its dominance in the Bitcoin ETF market. The firm's continued accumulation signals growing institutional interest in Bitcoin amid market rallies.

The news about BlackRock's Bitcoin holdings provides context for cryptocurrency interest. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 03, 2026 21:31 WIB: out of 50 major cryptocurrencies, 14 rose and 35 fell. Notable movers include NEO at Rp45.044 with a -3.47% change, DOGE at Rp1.661 with a -3.37% change, and VET at Rp154 with a -3.33% change.

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