BlackRock says Bitcoin's role in portfolios is evolving, suggests 1-2% allocation

BlackRock has assessed that Bitcoin (BTC) can be used as a diversification tool within investment portfolios. On a dedicated platform, the asset manager stated that BTC's role is evolving and that it can be considered a "complementary diversifier." BlackRock further explained that, in general, even a small allocation of 1-2% can contribute to improving portfolio returns while maintaining an appropriate level of risk.