Tag: BlackRock
BlackRock Spot Ethereum ETF Hits $1.5 Billion in Just 16 Days
The market might be down, but institutional interest in crypto is alive and well. This month, Ethereum has stolen the spotlight as BlackRock’s Ethereum ETF has brought in a massive $1.5 billion since November. The 16-day streak of inflows has boosted market sentiment, and many analysts are now eyeing a major New Year rally for […]
BlackRock Recommends Up to 2% Bitcoin Allocation for Balanced Portfolios
BlackRock—global asset management giant—recently published a new paper recommending a 1% to 2% Bitcoin allocation in multi-asset portfolios. According to the firm, the percentage allocation of Bitcoin tallies with the risk levels mostly associated with several portfolios in possession of technology stocks which in turn offers investors ways to diversify risk. Bitcoin as a Risk […]
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