BlackRock, the investment giant, has significantly increased its Bitcoin exposure by filing with the U.S. Securities and Exchange Commission (SEC) to purchase more Bitcoin ETFs for its $36B Strategic Income Opportunities Fund (BSIIX). The fund aims to diversify its investment portfolio through this move, following a trend among Wall Street firms seeking to incorporate Bitcoin ETFs into their in-house investment funds. On a related note, BlackRock has recently acquired $788,300,000 worth of Bitcoin, equivalent to 12,447 Bitcoins, marking a substantial investment in the cryptocurrency space, which is approximately 14x the daily new supply.