BlackRock & Vanguard’s Secret Crypto Hoards Revealed

Turns out the world’s biggest asset managers aren’t just into stocks and bonds—they’ve quietly funneled billions into Digital Asset Treasuries (DATs), hoarding massive piles of Bitcoin, Ethereum, Solana and more. Coin Bureau peels back the curtain on the top DATs, showing exactly how much they’ve raised, who’s funding them (hint: BlackRock and Vanguard aren’t shy), and which shareholders are riding this dilution-fueled wave.

By mapping out the biggest crypto treasuries and their backers, we get a clear picture of just how bullish this concerted buying spree is for crypto prices—until we ask the million-dollar question: where’s all that capital really coming from?

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