BlackRock says 1-2% a ‘reasonable’ Bitcoin portfolio allocation
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Auto Added by WPeMatico
The recommendation applies to investors who wish to hold Bitcoin, the asset manager said.
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing […]
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July.
It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg.
In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections.
Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
