BlackRock says bitcoin’s role is evolving, calls 1%–2% allocation suitable for long-term portfolios

BlackRock told financial advisors that allocating roughly 1% to 2% of a portfolio to bitcoin can act as a “complementary diversifier” in long-term strategies. The firm said the digital asset’s role in portfolios is still evolving. It framed the suggested weighting as a limited position that can fit within a broader risk budget.