BlackRock Releases Educational Bitcoin Video Showcasing Cryptocurrency Adoption
Investing.com -- Recognized as the world's largest asset manager with control over $11.5 trillion in assets, BlackRock has taken a significant step towards cryptocurrency adoption. The company recently released a three-minute educational video focusing on the leading digital currency, Bitcoin. This move follows BlackRock's recent recommendation that investors could allocate up to 2% of their portfolios to Bitcoin.
This indicates an increasing acceptance of cryptocurrencies within traditional financial portfolios. Notably, Bitcoin has recorded a substantial rise of over 150% in value this year.
Additionally, BlackRock’s ownership of the iShares Bitcoin Trust ETF further demonstrates its growing interest and acceptance in the digital currency market.
Link to the video