Bloomberg Analyst: BlackRock reportedly to add Bitcoin ETF to a smaller model portfolio
Bloomberg senior ETF analyst Eric Balchunas revealed on platform X that he heard BlackRock has added the Bitcoin ETF IBIT to a smaller model portfolio. This is a small allocation in the alternative category, but it's the first time BlackRock has included a Bitcoin ETF in its investment model, so it's worth paying attention to, as if they are testing the waters.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
Trending news
MoreCrypto prices
More
