BlackRock is now officially putting Bitcoin into its $150 billion model-portfolio. The company has decided to allocate 1% to 2% of these portfolios to IBIT,

BlackRock added a 1% to 2% allocation to IBIT in its target allocation portfolio that allows for alternative assets, according to James Seyffart, ETF analyst at Bloomberg Intellig

BlackRock incorporates Bitcoin into its $150 billion model portfolios with a cautious 1%-2% allocation to the iShares Bitcoin Trust ETF.

BlackRock, the world’s largest asset manager, is incorporating Bitcoin into its $150 billion model-portfolio universe. The firm is adding a 1% to 2% allocation of the iShares Bitcoin Trust ETF (IBIT) to its target allocation portfolios that allow for alternatives,

Invesco (NYSE:IVZ), and Fidelity Investments have launched a wave of exchange-traded funds intended to bring to retail traders strategies once available only to financial elites. The three firms recently filed to start so-called managed futures ETFs,