BlackRock plans to add a 1-2% IBIT allocation to its model portfolio

2025-02-28 16:00:23
According to Nate Geraci, president of ETFStore, BlackRock plans to add 1-2% of its bitcoin exchange-traded fund IBIT allocation to its model portfolio. BlackRock believes that bitcoin has long-term investment value and has the potential to provide a unique and additional source of diversification for the portfolio.