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2025-03-01 | Curator: CryptoTerminal
BlackRock Adds Its Record-Breaking Bitcoin Fund to Model Portfolios
BlackRock is including iShares Bitcoin Trust (IBIT) in its model portfolio offerings, the asset management giant confirmed to Decrypt on Friday. The world's largest asset manager is adding a 1% to 2% IBIT share to its target allotment for Target Allocation with Alternatives and the Target Allocation with Alternatives Tax-Aware portfolios, which are aimed at investors with higher risk tolerance. "Target Allocation with Alternatives models invest across a full risk spectrum, and allocate to a core...