BlackRock, one of the world’s largest asset managers, said that institutional investors can add 28% Bitcoin to their portfolios.
From the team of cryptocurrency-focused media company Swan Steven Lubka, announced that he recently attended an event organized by the giant financial institution BlackRock and what he saw was surprising. Lubka’s notes about the event Bitcoin supporter Fred Krueger by shared.
First of all, he stated that there was an unexpectedly large participation in the event in question. Steven LubkaBlackRock stated that the main theme of this event was about what percentage investors should include Bitcoin in their portfolios.
Aimed at more conservative and risk-averse institutional investors In this presentation, their portfolios by 28% Advice was given that they could include Bitcoin.
This 28% recommendation is aimed at institutional investors and with a low risk threshold Stating that the definition is one of the striking points, Steven Lubka implied that he was surprised by BlackRock’s confidence in Bitcoin.