With an impressive $56.41 billion allocated to BlackRock's cryptocurrency portfolio, Bitcoin and Ethereum are in the lead, accounting for over 99% of the portfolio's value.
Bitcoin takes the top spot with 550,643 BTC assets valued at $52.78 billion at a price of $95,855 per coin, reflecting an increase of $1.28 billion (+2.48%).
Following closely is Ethereum with 1,037 million ETH worth $3.55 billion at a price of $3,425 per token, which is $89.61 million (+2.59%) more than last year. These two assets form the cornerstone of BlackRock’s cryptocurrency strategy, demonstrating the company’s belief in their long-term potential.
The remainder of BlackRock's portfolio includes smaller holdings in the USDC stablecoin, valued at $74.67 million, and alternative tokens such as COLLE ($303,080), SPX ($78,250), TUA ($29,100), UBXS ($24,180), and MOG ($16,490).
BlackRock's transition from skepticism to embracing cryptocurrency in the digital asset space has been transformative. Initially hesitant, the company launched its Bitcoin ETF following approval from the SEC.
BlackRock's Bitcoin ETF has become a historic success, surpassing $50 billion in assets under management (AUM) in just 11 months—a feat that Bloomberg attributes to Bitcoin's price surge above $100,000.