BITB Bitwise Bitcoin ETF
- 55.020
- +0.510+0.94%
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How much should Bitcoin ideally occupy in the investment portfolio? The world's largest asset management company suggests: within 2%!
In a recent report released on Thursday, Blackrock, the world’s largest Asset Management company, suggested that interested investors consider allocating up to 2% of their portfolio to Bitcoin; the report believes that Bitcoin has relatively low correlation with other major asset classes and can provide a diversified source of returns.
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The world's largest asset management firm Blackrock considers that having 2% of Bitcoin in an asset portfolio is "reasonable."
Blackrock stated that Bitcoin cannot be compared to traditional Assets, and the "seven giants" of U.S. stocks can serve as a reference. Generally, each of the seven Stocks accounts for about 1-2% of the overall investment portfolio, and exceeding this range significantly increases the risk proportion. In the long run, Bitcoin may become less risky, and investors might use it to hedge against specific risks, similar to Gold.