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BlackRock urges 1 to 2 percent bitcoin allocation, reaffirms portfolio benefits despite 50 percent drop

An analysis says adding a small amount of bitcoin can improve the risk-adjusted performance of a traditional investment portfolio even after bitcoin fell about 50 percent from its peak. BlackRock compared a 60/40 stock-bond portfolio with portfolios that include 1 percent and 2 percent bitcoin using 10 years of rolling data through May 29, 2026. Returns and Sharpe ratios rose while volatility and maximum drawdowns changed only slightly, it found.