BlackRock: ‘Reasonable Range’ Of Bitcoin Allocation In Multi-Asset Portfolios Is Between 1-2% (UPDATED)
Editor’s note: the headline has been updated to more accurately reflect BlackRock’s recommended portfolio allocation. The world’s largest asset manager, BlackRock Inc. (NASDAQ; BLK), suggests that Bitcoin (CRYPTO: BTC) could hold a place in multi-asset portfolios, albeit within a narrow range. Quoting a report from the BlackRock Investment Institute,...
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