Bloomberg Analyst: BlackRock reportedly to add Bitcoin ETF to a smaller model portfolio

Bloomberg senior ETF analyst Eric Balchunas revealed on platform X that he heard BlackRock has added the Bitcoin ETF IBIT to a smaller model portfolio. This is a small allocation in the alternative category, but it's the first time BlackRock has included a Bitcoin ETF in its investment model, so it's worth paying attention to, as if they are testing the waters.