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This article originally appeared on GOBankingRates.com: Asset Manager BlackRock: Keep Bitcoin Investment to 2% of Portfolio — Here’s Why Show comments Advertisement
Image source: Getty Images. The case for Bitcoin: A reliable store of value. Bitcoin's market capitalization of $2.1 trillion makes it the world's largest cryptocurrency. Thanks to its ...
News of BlackRock's recommended allocation was first reported by Bloomberg News. Bitcoin's price is largely flat at about $101,390. (Compiled by the Global Finance & Markets Breaking News ...
The 500 largest investment managers in the world have about $128 trillion of assets under management, according to commercial insurance giant WTW. Moving 2% of that wealth into the crypto market ...
As new investors rush to buy Bitcoin, many wonder how much of their investment portfolio to plow into the digital currency. BlackRock , the world’s largest asset manager, has the answer: No more ...
BlackRock and 10 other money managers such as Fidelity Investments and Franklin Templeton got the green light in January to launch spot bitcoin exchange-traded funds, allowing everyday investors ...
XRP (CRYPTO: XRP) -- the cryptocurrency formerly known as Ripple -- has surged from a price of $0.52 on Nov. 5 to $2.73 on Dec. 2. With its latest move, XRP has passed Solana and Tether to become ...
BlackRock’s spot bitcoin exchange-traded fund has swelled by $13 billion since Donald Trump’s win on Nov. 5, according to Yahoo Finance data, pushing iShares Bitcoin Trust past $40 billion in ...