Trivest Advisors’ $90.4 Million Investment in BlackRock’s IBIT Signals Growing Institutional Interest in Spot Bitcoin ETFs

Key Points

1. Trivest Advisors disclosed a $90.4 million investment in BlackRock’s IBIT ETF, representing nearly 8% of its total assets under management.

2. The investment positions Trivest among the largest global holders of IBIT, showcasing institutional confidence in Bitcoin ETFs.

3. IBIT is a spot Bitcoin ETF that holds actual Bitcoin, allowing investors to track Bitcoin’s price movements directly.

4. Trivest’s move reflects a broader industry shift toward regulated Bitcoin ETFs following U.S. regulatory approvals.

5. The investment underscores the growing appeal of Bitcoin ETFs among global asset managers, including those outside the U.S.