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CATEGORY: blackstone


Blackstone Makes First Crypto Move With $1M Bitcoin ETF Purchase

Author: Mutuma Maxwell
Estonia
May 22, 2025 02:35

Blackstone Makes First Crypto Move With $1M Bitcoin ETF Purchase

Blackstone entered crypto by purchasing $1.08 million worth of Bitcoin ETFs. This marks Blackstone’s first-ever investment in digital assets. BlackRocks iShares Bitcoin Trust ETF (IBIT) shares were added to the Alternative Multi-Strategy Fund run by the firm. The move highlights a shift in Blackstones approach, as the firm historically avoided direct exposure to cryptocurrencies. On […]

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