Here’s How Much Bitcoin BlackRock Recommends for Your Portfolio

• BlackRock says investors interested in bitcoin should allocate 1%-2% of their portfolio to the token.
• That amount would generate risk comparable to holding assets like the Magnificent Seven stock.
• The firm says that while volatile, bitcoin offers a diverse source of risk for portfolios.

Bitcoin deserves a spot in traditional multi-asset portfolios for interested investors, but only to a “reasonable” extent, BlackRock said on Thursday.