Bitcoin Nears $65,000…BlackRock and Citi Strengthen Institutional Access
BLK Blackrock Inc
$1154.35 +0.63%
View chart & analysis → - 1Bitcoin (BTC) approached $65,000 on Tuesday, with BlackRock and Citi strengthening institutional access.
- 2BlackRock reaffirmed its 1–2% allocation guidance and the $47 billion scale of IBIT, while Citi confirmed its BTC custody launch for this year.
- 3BTC trades roughly 50% below its October 2025 peak, but the move was seen as addressing the long-standing hurdles around allocation and custody.
This 3-line summary is compiled from the report below.
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