BlackRock
Why BlackRock Recommends a 1-2% Bitcoin Investment
In the rapidly changing world of investments, BlackRock, the world’s largest asset manager, has sparked discussions with a bold suggestion: investors should consider allocating 1% to 2% of their portfolios to Bitcoin. This recommendation stems from a detailed analysis of Bitcoin’s potential role in diversifying investment strategies while balancing its volatility and unique characteristics. Here,…
BlackRock’s IBIT ETF Hits 500,000 BTC Milestone
In a remarkable feat, BlackRock’s iShares Bitcoin Trust (IBIT) has hit a major milestone—amassing over 500,000 Bitcoin (BTC). With a valuation of approximately $48 billion, this achievement showcases the growing influence of institutional investments in the cryptocurrency world. But what does this mean for the crypto market, and why does it matter? Let’s break it…