BlackRock suggests investors put up to 2% of their portfolio in Bitcoin for diversification, despite risks.

BlackRock, the world's largest asset manager, recommends that investors consider allocating up to 2% of their portfolio to Bitcoin. The firm argues that Bitcoin can offer diversified returns with low correlation to traditional assets. However, BlackRock cautions about risks including high volatility and potential lack of broader adoption. The suggestion comes as part of a broader consideration of cryptocurrencies in institutional portfolios.

3 months ago
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