BlackRock, the world's largest asset manager, recommends a 1–2% Bitcoin allocation in diversified portfolios, arguing it can enhance returns while maintaining manageable risk.
BlackRock has launched the iShares Bitcoin Premium Income ETF (BITA), a covered-call bitcoin fund that combines spot BTC and IBIT exposure with option-writing to generate monthly income while retaining most of bitcoin's upside potential.
BlackRock has advanced its Bitcoin premium income ETF strategy, revealing the ticker $BITA for a new fund positioned as a yield-focused sequel to its existing Bitcoin ETF lineup.
An executive from BlackRock said that a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market.
Delaware Life Insurance Company has become the first U.S. insurer to offer a fixed index annuity tied to a BlackRock index blending 74% S&P 500, 25% Bitcoin, and 1% cash.
BlackRock CEO Larry Fink, once a Bitcoin critic, now sees it as a hedge and potential portfolio asset, while BlackRock expands into crypto and asset tokenization.