Bitcoin News Today: BlackRock Rumored to Hold 742,500 BTC as Harvard Invests $116M in Bitcoin ETF

BlackRock, the world's largest asset manager, has become the subject of speculation following unconfirmed reports that it may have acquired 3,089 Bitcoin, increasing its reported holdings to approximately 738,170.8 BTC as of August 8, 2025 [1]. A separate report on August 9 suggested the firm may have added 363 Bitcoin, potentially raising its total holdings to 742,500 BTC [2]. However, no official confirmation from BlackRock has been issued, and the firm has not verified these claims. The lack of transparency has led to questions about the reliability of the reported transactions and whether the rumors are based on accurate information or misinformation.

Market analysts continue to monitor BlackRock’s activities closely, as they reflect broader institutional interest in cryptocurrencies amid regulatory changes and market fluctuations. The firm’s iShares Bitcoin Trust, which tracks Bitcoin’s spot price, has attracted significant investment, including a notable $116 million stake from Harvard University, disclosed in a recent filing [3]. This highlights the growing acceptance of Bitcoin as a legitimate asset class within traditional finance and demonstrates the expanding role of institutional players in the crypto market.

Despite the uncertainty surrounding the reported Bitcoin purchases, BlackRock’s continued engagement with the cryptocurrency market has fueled speculation about future product development. Some observers believe that the firm’s accumulation activity could signal its intent to launch a spot Bitcoin ETF in the future. While no official plans have been confirmed, the timing of the rumored purchases and Harvard’s investment appear to align with a broader strategy to increase institutional exposure to Bitcoin.

BlackRock’s influence remains significant, particularly as its iShares Bitcoin Trust has rapidly grown in assets under management, surpassing $50 billion since its launch in early 2024 [6]. The firm’s actions, even when unconfirmed, can have a notable impact on market sentiment and investor behavior. Analysts suggest that continued institutional adoption of Bitcoin, including through ETFs and direct holdings, is likely to shape the future of digital asset markets.

As speculation continues, the industry is watching for any official statements or further developments from BlackRock. Until then, the firm’s rumored Bitcoin purchases remain unverified, and the broader implications for the crypto market remain speculative.

Source:

[1] BlackRock's Alleged Bitcoin Purchase Unverified. Bitget (https://www.bitget.com/news/detail/12560604904297)

[2] BlackRock Resumes Bitcoin Accumulation with 363 BTC. Bitget (https://www.bitget.com/news/detail/12560604904296)

[3] Harvard Discloses $116 Million Investment In BlackRock's iShares Bitcoin ETF. ZyCrypto (https://zycrypto.com/harvard-discloses-116-million-investment-in-blackrocks-ishares-bitcoin-etf/)

[6] BlackRock’s Spot Bitcoin ETF is the Most Successful Launch in ETF History. CoinSlam (https://www.coinslam.com/blackrocks-spot-bitcoin-etf-is-the-most-successful-launch-in-etf-history/)