BlackRock Recommends a Massive 84.9% Bitcoin Allocation in your Investment Portfolio! 🪙📈🤑
The remaining 15.1% should be split 60-40 between equities and bonds, according to the report.
BlackRock's Bitcoin Spot ETF filing has a window of approval or disapproval by the SEC somewhere between September 2023 and February 2024. The Bitcoin Halving occurs on April/May of 2024, which cuts mining rewards by 50%. This has always corresponded with an steep increase in price within 18 months.
BlackRock is unmatched at picking winners when it comes to investments, and they want them to gain money because they charge 1% to 2% to manage these assets.
BlackRock, Inc. is an American multinational investment company based in New York City. The largest financial institution in the world, BlackRock manages between $9T and $10T in assets for investors.
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