
BlackRock Reveals Ideal Bitcoin Allocation
BlackRock believes that Bitcoin deserves a 2% portfolio allocation[...]
BlackRock's Head of Digital Assets Recommends 2% Bitcoin Allocation
Robert Mitchnick, BlackRock's head of digital assets, has suggested investors allocate 2% of their portfolios to Bitcoin. This guidance stems from a report published by the world's largest asset manager in December.
The report highlighted Bitcoin's potential as a hedge against market volatility. Mitchnick clarified this recommendation wasn't made lightly—it followed years of thorough analysis by BlackRock's research team.
Mitchnick also noted Bitcoin may offer greater upside potential than gold, the traditional safe-haven asset. This perspective reflects Bitcoin's growing acceptance as a legitimate investment in today's digital asset ecosystem.
This 2% allocation recommendation signals Bitcoin's increasing mainstream adoption, particularly as institutional investors continue recognizing its potential as an emerging asset class.