BlackRock's IBIT holdings expanded by 14%, accelerating institutional investors' Bitcoin investments.

Source: DigitalToday Original Title: BlackRock Expands IBIT Holdings by 14%… Accelerates Bitcoin Investment Original Link: BlackRock is quietly increasing its investment allocation in Bitcoin(BTC).

BlackRock's 'Strategic Income Opportunities Fund' has increased its IBIT holdings by 14%, securing 2.39 million shares. This amounts to approximately $1.56 billion, with the increase occurring between June and September.

BlackRock's movements indicate a trend where traditional asset management firms are gradually expanding into the Bitcoin market. During the same period, Nasdaq ISE significantly raised the IBIT options open interest limit from 250,000 contracts to 1 million contracts. Bloomberg analyst Eric Balchunas described this as a “move that completely removed the hinge,” analyzing that IBIT has established itself as the world's largest Bitcoin options market.

In this context, JP Morgan has launched structured notes directly linked to IBIT. This product guarantees a minimum return of 16% if IBIT reaches a preset price by the end of 2026, essentially designing leveraged Bitcoin exposure for its clients.

Meanwhile, Bitcoin has recently rebounded, recovering to $90,000. It has fallen 29% from its peak in October, but this week it surpassed $90,000, providing relief to investors. IBIT has transitioned to an influx of funds, and the futures market has also turned bullish. Options traders are targeting prices above $100,000, suggesting that the market is moving away from the risk of decline. However, liquidity remains thin, and investor sentiment is unstable.

Bitcoin rebounded by 12% from last week's low of $80,000, but has decreased by 21% on a monthly basis. Ethereum also followed Bitcoin's trend, rising by 3% in 7 days and is trading around $3,027.