✉news BusinessCrypto first seen 5 h ago, last 26 min ago, peak #1
BlackRock's Jacobs says Bitcoin is becoming a portfolio allocation
Original: Watch Bitcoin Becoming Portfolio Allocation: BlackRock's Jacobs
BlackRock executive Rachel Jacobs said Bitcoin is evolving into a genuine portfolio allocation rather than a speculative side bet. The remarks point to growing institutional acceptance of cryptocurrency in mainstream investment strategy, with BlackRock among the largest players pushing Bitcoin products to institutional and retail investors. Markets watchers see the comment as another sign of Bitcoin's normalisation in traditional asset management.
Why now: BlackRock's continued embrace of Bitcoin signals institutional adoption is accelerating, a major talking point for crypto and finance audiences
Rank over time, top of the chart is #1. 5 snapshots from 5 h ago to 26 min ago.
Evidence
- Watch Bitcoin Becoming Portfolio Allocation: BlackRock's Jacobs · Bloomberg.com
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