- Bitcoin is being embraced by BlackRock as a legitimate portfolio asset, with a recommended 1–2% allocation in its model portfolios.
- The $11 trillion asset manager views Bitcoin as a global monetary alternative and a hedge against economic uncertainty.
At the Bitcoin 2025 conference in Las Vegas, BlackRock made waves—again. Robert Mitchnick, Head of Digital Assets at the $11 trillion asset management titan, reaffirmed BlackRock’s guidance to allocate 1–2% of investment portfolios to BTC. While this may sound modest, the message from the world’s largest asset manager is anything but.
A Calculated Move, Not a Crypto Fad
Mitchnick emphasized that this guidance wasn’t a knee-jerk reaction to price swings or market hype. “That was not a sudden reaction to any one thing,” he said. “That was the result of multiple years of analysis and research by that team.”
The recommendation is grounded in BlackRock’s internal model portfolios, first released in December 2024. These portfolios aim to serve as blueprints for financial advisers managing retail and high-net-worth client funds.
Bitcoin as an Institutional Alternative
What’s notable isn’t just the recommendation—it’s the framing. Bitcoin isn’t being lumped in with volatile tech stocks or speculative meme coins. Instead, BlackRock views it as an alternative asset, similar to commodities or private equity.
The model portfolios specifically include Bitcoin in the “alternatives” category, designed to improve long-term, risk-adjusted returns. “Model portfolios have become very powerful tools,” Mitchnick said, noting their growing role in helping wealth advisers build diversified strategies.
A Hedge in an Uncertain World
BlackRock’s original report described Bitcoin as a “global monetary alternative” and a hedge against currency debasement, geopolitical tension, and unconventional monetary policy. In an era where inflation and fiscal instability loom large, Bitcoin’s appeal is rising in institutional circles.
By recommending Bitcoin in portfolios, BlackRock is signaling that crypto is no longer fringe—it’s becoming fundamental.
When a $11 trillion asset manager starts treating Bitcoin like gold or infrastructure, it’s time to pay attention. For investors looking to future-proof their portfolios, even a 1–2% allocation might just be the most forward-looking move they can make.
