BlackRock Dismisses Bitcoin’s Risk Label, Calls It A Smart Investor Play

Quick Summary:

BlackRock, the world’s largest asset manager, is currently generating significant interest within the investment community with its most recent report, “Bitcoin: A Unique Diversifier.” This document emphasizes the potential of Bitcoin as a unique asset class that can improve portfolio diversification.

BlackRock’s effectively launched Bitcoin exchange-traded fund (ETF) currently boasts holdings of around $21 billion.

BlackRock’s research shows that Bitcoin behaves quite differently than traditional risk assets.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Crypto News ETF BlackRock Bitcoin Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 13:00:49 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22771106

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 6 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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