BlackRock Adds Bitcoin ETF to $150B Model Portfolios for the First Time – Bloomberg 📈
BlackRock has made a significant move by incorporating Bitcoin into its $150 billion model portfolios. This marks a notable development, as the investment giant takes a conservative approach with a 1% to 2% allocation to the iShares Bitcoin Trust ETF.
This decision underscores the growing interest and confidence among institutions despite the recent market volatility observed in the cryptocurrency space.
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