Blackstone Buys Bitcoin ETF: Giant Embraces Crypto Investing

Published:May 21, 2025 Updated: July 06, 2025
Author: Mishi Saini
Blackstone Buys Bitcoin ETF in First Crypto Investment Move

The world’s largest alternative asset manager, has made its first move into cryptocurrency. In a recent filing with the U.S. Securities and Exchange Commission (SEC), the company itself has revealed that Blackstone buys Bitcoin ETF worth of $1.08 million. This is the firm’s first crypto-related investment. The Exchange Traded Fund, called the iShares Btc Trust (IBIT), was launched by BlackRock in January 2024.

Modest Stake in a Massive Portfolio

While the Blackstone buys ETF investment marks a new direction , it’s a tiny piece of the company’s $1.2 trillion portfolio. The firm purchased 23,094 shares of IBIT as part of its Alternative Multi-Strategy Fund (BTMIX), which currently holds $2.63 billion in total assets. The move comes as traditional finance firms increasingly eye Btc and other digital assets. 

More Than Just One Bet

They didn’t stop with IBIT. According to the same SEC filing, the firm also bought 4,300 shares of Btc Depot Inc. (BTM), a crypto ATM operator, worth about $6,300. Additionally, it picked up 9,889 shares of the ProShares Btc Strategy Exchange Traded Fund (BITO) for roughly $181,166. Together, these purchases show a growing interest in crypto, even if their total exposure remains limited for now.

From The Skepticism Stage To Strategic Planning Stage 

Blackstone buys bitcoin ETF,  is an advancement as the organisation purchases digital gold Exchange Traded Fund, back in 2019, the CEO Steve Schwarzman had doubts over cryptocurrency. He famously remarked that blockchain technology appeared useful, but its use as money was “pretty odd.” In addition, he pointed out that not being able to grasp the crypto space fully was a challenge for him since he favored controlled economies. Blackstone buys bitcoin ETF depicts that early skeptics are gradually turning into believers.

A Careful Initial Approach

New investments have been made as Blackstone buys bitcoin ETF, yet they are still exercising caution with crypto. The company is primarily known for its private equity, real estate, infrastructure, and insurance work. Crypto investments only form a small part of the firm’s total capital. As of March 31, 2025, company's website stated that the firm had 37 billion dollars in deployable capital.

Blackstone Buys Gold 2.0: A Sign of Bigger Changes Ahead

The Blackstone Buys Bitcoin ETF headline is more useful than a footnote of the story; it reflects a deeper shift among traditional financial companies. Investing in digital gold -related products like IBIT and BITO demonstrates increased confidence in considering bitcoin as an asset class. Even if their investment is minimal, it can help many more institutional investors to follow.

Wisconsin Exits

Interestingly, as Blackstone buys Bitcoin ETF, others are stepping out. The Wisconsin Investment Board recently sold all 6 million of its IBIT shares — a stake once worth $3.7 billion. The state board had been one of the early public pension funds to support BTCs, but it chose to cash out and sell its entire stake in the first few months of 2025.

IBIT Keeps Winning

Despite Wisconsin’s exit, BlackRock’s IBIT is thriving. The Exchange Traded Fund hasn’t seen a single day of net outflows since April 9. Over the past 20 trading days, IBIT has continued to bring in new investment, pushing total net inflows to more than $46.1 billion since its launch. It remains the top-performing peer-to-peer money ETF on the market.

Fidelity and ARK Lag Behind

While Blackstone buys Bitcoin ETF shares through BlackRock’s fund, others in the space are also seeing action. The Fidelity Wise Origin Btc Fund (FBTC) has attracted $11.8 billion in net flows, and the ARK 21Shares digital currency Exchange Traded Fund has gathered $2.8 billion. However, both funds fall far short of the strong inflow pace seen by BlackRock’s IBIT.

A Silent Yet Strong Signal

This shift is reinforced by other major players of the financial sector like JPMorgan, which recently showed the growing acceptance of Bitcoin by offering crypto services and supporting DeFi investment by offering peer-to-peer money services and supporting such new age investments for its clients. While their cautious step to digital currency may not shake the markets overnight, it marks a significant turning point. Together, these moves from JPMorgan and Blackstone buys bitcoin ETF, signal that Btc’s role in finance is steadily expanding, and the future looks more mainstream than ever.




Also read: Dropee Daily Combo And Question of the Day 22 May 2025
Mishi Saini
Author: Mishi Saini

Mishi Saini is a skilled crypto writer with a year of experience in blockchain and digital assets. She specializes in breaking down complex topics, making them accessible and easy to understand for all readers. From Bitcoin and altcoins to NFTs and DeFi, Mishi presents the latest trends in a simple, straightforward manner. She keeps up with market updates, price shifts, and new developments to deliver insightful content. Her work supports both newcomers and seasoned investors in navigating the dynamic world of cryptocurrency. Mishi is a firm believer in blockchain’s potential to transform global finance.



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