{"id":830675,"date":"2025-03-01T08:11:44","date_gmt":"2025-03-01T14:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/01\/blackrock-adds-bitcoin-exposure-to-model-portfolio-via-ibit\/"},"modified":"2025-03-01T08:11:44","modified_gmt":"2025-03-01T14:11:44","slug":"blackrock-adds-bitcoin-exposure-to-model-portfolio-via-ibit","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/01\/blackrock-adds-bitcoin-exposure-to-model-portfolio-via-ibit\/","title":{"rendered":"BlackRock adds Bitcoin exposure to model portfolio via IBIT"},"content":{"rendered":"
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\"BlackRock BlackRock adds Bitcoin exposure to model portfolio via IBIT<\/span> Gino Matos \u00b7<\/span> 15 hours ago<\/span> \u00b7 1 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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The asset manager allocated 1% to 2% in Bitcoin through its IBIT exchange-traded fund.<\/p>\n

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<\/a><\/p>\n<\/div>\n

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1 min read<\/span><\/p>\n

Updated:<\/span> Feb. 28, 2025 at 7:20 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"BlackRock<\/p>\n

Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n

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BlackRock<\/a> incorporated Bitcoin (BTC<\/a>) into its $150 billion model-portfolio offerings through its iShares Bitcoin Trust ETF (IBIT<\/a>) exchange-traded fund (ETF), Bloomberg News reported on Feb. 28.\u00a0<\/span><\/p>\n

The asset manager has assigned 1% to 2% of its target allocation portfolios to<\/span> IBIT. <\/span><\/p>\n

As of Dec. 17, the fund<\/span> registered over $36 billion in net flows<\/a><\/strong>, amassing more inflows than any ETF launched since 2014.<\/span><\/p>\n

According to the report, Bitcoin\u2019s inherent volatility prompted BlackRock, in a December report from the BlackRock Investment Institute, to define a 1% to 2% allocation as a \u201creasonable range.\u201d\u00a0<\/span><\/p>\n

The document noted that exceeding a 2% allocation could disproportionately increase the cryptocurrency\u2019s impact on overall portfolio risk.<\/span><\/p>\n

Michael Gates, lead portfolio manager for BlackRock\u2019s Target Allocation ETF model portfolio suite, stated:<\/span><\/p>\n

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\u201cWe believe Bitcoin has long-term investment merit and can potentially provide unique and additive sources of diversification to portfolios.\u201d<\/strong><\/p>\n<\/blockquote>\n

Additionally, Eve Cout, head of portfolio design and solutions for US Wealth at BlackRock, noted that investors want to allocate more to alternatives. Still, they need guidance on the position\u2019s size, scale, and rebalance.<\/span><\/p>\n

Stance shift amid market turmoil<\/strong><\/h2>\n

The decision comes amid IBIT registering $930 million in outflows in the past four days. On Feb. 26, BlackRock\u2019s Bitcoin ETF experienced its largest daily outflow, with $418 million in capital leaving the fund.<\/span><\/p>\n

Despite the recent woes, IBIT currently holds over $48 billion in assets and displays nearly $40 billion in net flows per data from<\/span> Bold Report<\/a><\/strong> and<\/span> Farside Investors<\/a><\/strong>.<\/span><\/p>\n

Notably, the firm<\/span> doubled<\/span><\/a> its Bitcoin exposure in its Global Allocation Fund last year, reporting 430,770 shares of IBIT in its third-quarter 13F Form. The amount was 117% larger than the 198,874 shares reported for the second quarter.<\/span><\/p>\n

BlackRock\u2019s addition of Bitcoin to its model portfolio is a much-needed positive development that could boost market sentiment amid falling prices.<\/span><\/p>\n

Mentioned in this article<\/h6>\n
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\"Blocscale\"<\/a><\/p>\n<\/div>\n

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Latest Bitcoin<\/span> Stories<\/h5>\n<\/div>\n
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Latest Press Releases<\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Gino Matos<\/p>\n","protected":false},"excerpt":{"rendered":"

BlackRock adds Bitcoin exposure to model portfolio via IBIT Gino Matos \u00b7 15 hours ago \u00b7 1 min read The asset manager allocated 1% to 2% in Bitcoin through its IBIT exchange-traded fund. 1 min read Updated: Feb. 28, 2025 at 7:20 pm UTC Cover art\/illustration via CryptoSlate. Image includes combined content which may include<\/p>\n","protected":false},"author":1,"featured_media":830676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,164],"tags":[],"class_list":{"0":"post-830675","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-blackrock"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/830675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=830675"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/830675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/830676"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=830675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=830675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=830675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}