What are they planning? I know they’re up to something
coinfeeds-bot on
tldr; BlackRock has recommended Bitcoin as a valuable addition to investment portfolios, highlighting its potential as a hedge against inflation. At a conference in Brazil, BlackRock praised Bitcoin’s long-term appreciation and institutional legitimacy, suggesting a 1% to 3% exposure in portfolios. Despite its volatility, Bitcoin is seen as a strong alternative to traditional assets like gold and bonds. BlackRock offers exposure to Bitcoin through spot ETFs, which have gained significant investment interest, reflecting the growing acceptance of cryptocurrency in institutional finance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
middlemangv on
Plot twist: BlackRock is deep into Bitcoin.
GreedVault on
after btc, eth comes next, It might be a good time to start stacking eth now.
4 Comments
What are they planning? I know they’re up to something
tldr; BlackRock has recommended Bitcoin as a valuable addition to investment portfolios, highlighting its potential as a hedge against inflation. At a conference in Brazil, BlackRock praised Bitcoin’s long-term appreciation and institutional legitimacy, suggesting a 1% to 3% exposure in portfolios. Despite its volatility, Bitcoin is seen as a strong alternative to traditional assets like gold and bonds. BlackRock offers exposure to Bitcoin through spot ETFs, which have gained significant investment interest, reflecting the growing acceptance of cryptocurrency in institutional finance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Plot twist: BlackRock is deep into Bitcoin.
after btc, eth comes next, It might be a good time to start stacking eth now.