BlackRock Strategic Income Fund Increases IBIT Bitcoin ETF Holdings by 14%

BlackRock's Strategic Income Opportunities Portfolio raised its stake in the iShares Bitcoin Trust (IBIT) to 2,397,423 shares valued at approximately $155.8 million as of September 30, according to a Securities and Exchange Commission filing. The 14% quarter-over-quarter increase marks growing institutional adoption as Bitcoin trades above $91,000. The bond fund's flexible mandate permits exposure to nontraditional instruments when they enhance risk-adjusted returns.