Coinspeaker
BlackRock Recommends 2% Bitcoin (BTC) Portfolio Allocation
BlackRock Inc. (NYSE: BLK), the world’s largest asset manager with more than $11.5 trillion in assets under management (AUM), has had a huge success with its Bitcoin
BTC
$99 710
24h volatility:
1.6%
Market cap:
$1.97 T
Vol. 24h:
$103.31 B
adoption strategy. The New York-based investment firm has made a name in the cryptocurrency industry through its iShares Bitcoin Trust (IBIT), and the iShares Ethereum Trust (ETHA).
However, it is the IBIT’s palpable growth to about $53.8 billion in net assets under management as of this writing, which has attracted significant attention. Moreover, Ki Young Ju, the founder of CryptoQuant, recently noted that
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