@magni

Institutional Confidence Amid Volatility BlackRock remains bullish on Bitcoin despite recent short-term price weakness, viewing it as a long-duration structural theme tied to network growth, liquidity depth, and macro‐monetary risk. Meanwhile, JPMorgan disclosed its clients boosted holdings in BlackRock’s spot Bitcoin ETF (IBIT) by ~64% in Q3, to ~5.3 million shares (≈US$343 million). Takeaway: Institutional involvement is increasing, suggesting that for many large players BTC is not just a speculative token but part of a broader asset-allocation strategy.

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