BlackRock recommends companies to allocate 2% to Bitcoin.
What does it mean?
Key Points:
✅Potential Allocation Size: -2% of BlackRock’s AUM (~$11.5 trillion) = $230 billion. -2% of the Global Stock Market (~$110 trillion) = $2.2 trillion.
✅Current Accumulation: -BlackRock’s fund managers have already accumulated ~$35 billion worth of Bitcoin. -If BlackRock fully realizes a 2% allocation, they could invest an additional $195 billion+ in Bitcoin in the coming months or years.
✅Institutional Inflows: -Both BlackRock and Fidelity are seeing significant daily inflows into their Bitcoin-related products.
✅Market Impact: -A 2% allocation by large institutions could significantly boost Bitcoin's price if companies adopt Bitcoin as part of their portfolios.