BlackRock chief executive Larry Fink as revealed he's had discussions with sovereign wealth funds about buying bitcoin..

BlackRock, which manages assets worth over $10 trillion, owns 572,616 BTC worth $58.43 billion, and controls roughly 2.7% of all BTC supply, following its mammoth Bitcoin purchase last week.

For much of the past 24 months, the target price for Bitcoin has been $1 million. This price target was first articulated by Cathie Wood of Ark Invest, and has almost become part of crypto lore by now: Bitcoin is going to $1 million by 2030, and there's nothing that anyone can do to stop it.

Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations,

Fink laid out a scenario where Bitcoin jumps sixfold to hit $700,000 in a discussion about crypto in Davos Wednesday.

The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.

BlackRock's Bitcoin holdings surge after a $1 billion buy. IBIT ETF breaks records as CEO Fink forecasts BTC reaching $700K.

Big names such as BlackRock, Metaplanet and MicroStrategy investing in Bitcoin now as the price dipped below the $100,000 mark. This has lead to increased price of the token today.

Nasdaq proposed a rule change for Bitcoin ETFs to allow in-kind creation and redemption, making it more efficient for institutional investors.

Larry Fink, CEO of BlackRock, has suggested that Bitcoin could reach $700,000 per coin, citing its growing role as a hedge against economic instability. His projection, sparked by a discussion with a sovereign wealth fund,

The Czech National Bank will consider holding billions of dollars worth of bitcoin in its reserves, Governor Ales Michl said on Wednesday, potentially the first shift into the cryptocurrency by a western central bank if it went ahead.

As the Trump administration explores a U.S. cryptocurrency stockpile, two Texas bills filed this session are looking to be at the forefront of establishing a strategic bitcoin reserve for the state.