The post BlackRock’s iShares ETF Becomes Biggest Bitcoin Holder appeared first on Coinpedia Fintech News
BlackRock’s iShares Bitcoin ETF has overtaken major crypto exchanges to become the largest known holder of Bitcoin. The fund’s rapid accumulation reflects the growing demand for regulated crypto investment products among institutional and retail investors. This marks a major shift in Bitcoin ownership, with traditional finance players now holding a dominant position. The move also highlights a broader trend of ETFs bringing mainstream investors into the crypto market, signaling Bitcoin’s deeper integration with global finance.


BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more
