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Benzinga
Benzinga
Business
Aniket Verma

Bitcoin Belongs In An 'Ideal' Portfolio, Says BlackRock Executive, But Thinks A 5% Allocation Is High

Bitcoin BlackRock Gold Nasdaq
Closeup,Of,Golden,Bitcoin,,Ethereum,And,Solana,Coins,On,Top

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, said Tuesday that an “ideal” investment portfolio should have exposure to hard assets such as gold and Bitcoin (CRYPTO: BTC).

Bitcoin A Hedge Against Fiat Depreciation?

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