Two funds under BlackRock purchased IBIT stocks in the first quarter of this year

PANews reported on May 29th, according to The Block, that based on the documents submitted to the U.S. Securities and Exchange Commission (SEC), two funds managed by BlackRock purchased Bitcoin spot ETFs (IBIT) from the company in the first quarter of this year. Among them, BlackRock's Strategic Income Opportunities Fund bought nearly $3.6 million worth of IBIT shares, while BlackRock's Global Bond Fund bought $486,000 worth of IBIT shares. Meanwhile, since its launch in January this year, inflows into BlackRock's IBIT have surpassed those of similar products.