Blackrock Says Bitcoins Role Is Evolving, Calls a 1%-2% Portfolio Allocation Appropriate

Blackrock, the worlds largest asset manager, told financial advisors that a bitcoin allocation of roughly 1% to 2% can serve as a complementary diversifier in long-term portfolios, framing the digital assets investment role as still evolving. A Complementary Diversifier Blackrock told financial advisors on Tuesday that a small bitcoin position, around 1% to 2% of []