Key facts
- BlackRock recommends a 1-2% allocation to Bitcoin for investors.
- The asset manager believes Bitcoin can improve portfolio returns.
- The firm suggests this allocation can be managed with acceptable risk.
BlackRock, the world's largest asset manager, has advised investors to include Bitcoin in their portfolios. The firm suggests an allocation of 1-2% to the cryptocurrency, believing it can serve to enhance overall portfolio returns while maintaining manageable risk levels. This recommendation comes from a major player in traditional finance, signaling a growing acceptance of digital assets within mainstream investment strategies.