BlackRock has increased its position: Bitcoin ETF holdings have quietly risen by 14%.

[Block Rhythm] BlackRock has quietly increased the position.

Their Strategic Income Opportunities fund held nearly 2.4 million IBIT shares as of the end of September, worth approximately $156 million at that time's price. Compared to the reported data from six months ago in June, this figure has increased by 14%—which means they bought an additional 300,000 shares.

This wave of operations can illustrate the problem: Traditional financial giants are continuously increasing their allocation to Bitcoin ETFs, and the pace is stable. Although the amount of each transaction does not seem particularly exaggerated, behind this “small steps and quick runs” strategy lies the recognition of institutions for the long-term value of crypto assets.

What deserves more attention is the timing - the end of September happens to be a stage when expectations for the Federal Reserve to cut interest rates are rising and market liquidity is starting to improve. BlackRock's decision to increase its position during this window period somewhat reveals their judgment on the future market.