BlackRock Incorporates Bitcoin ETF into Alternative Asset Portfolio
- BlackRock added a 1% to 2% allocation of IBIT Bitcoin ETF to its target allocation portfolio.
- This is the first instance of BlackRock including IBIT in any model portfolio.
- The decision supports bitcoin’s long-term investment merit as a novel store of value and global monetary alternative.
- Michael Gates highlights bitcoin’s potential for diversification and risk premia in multi-asset portfolios.
- BlackRock’s model portfolios manage approximately $130 billion in assets.
BlackRock has made a significant move by incorporating a small percentage of the IBIT Bitcoin ETF into its alternative asset model portfolio, marking its first inclusion in any BlackRock models.
Source (2.6)https://www.coindesk.com/markets/2025/02/28/blackrock-adds-bitcoin-etf-to-alternative-asset-model-portfolio?rand=52298
