Blackrock highlights the increasing importance of bitcoin in investment portfolios, suggesting a cautious allocation strategy similar to large-cap tech stocks. Bitcoin Joins the “Magnificent 7”: Blackrock’s Allocation Recommendation The Blackrock Investment Institute (BII), a research division of Blackrock, the world’s largest asset manager, released a report titled “Sizing bitcoin in portfolios” on Thursday.
The report explores bitcoin’s unique characteristics (…) Source link
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<p>The post Blackrock: Bitcoin’s Rising Importance in Portfolios first appeared on CoinBuzzFeed.</p>
