Étiquette : blackrock

Edited by Matt Waller In a significant strategic move, BlackRock has broadened its digital asset exposure by incorporating its flagship iShares Bitcoin Trust (IBIT) into its Target Allocation model portfolios. This decision, which allocates 1-2% of these pre-constructed investment strategies to Bitcoin exposure, signals a growing institutional acceptance of cryptocurrencies and a shift in traditional asset management. With BlackRock’s formidable $11.5 trillion in assets under management, this integration marks a pivotal moment for the industry. Key Points Strategic Integration: BlackRock has added IBIT to its model portfolios, allocating between 1% and 2% to provide advisors with a regulated pathway to Bitcoin exposure. Market Leadership: IBIT dominates...