Financial advisor Ric Edelman has publicly recommended that institutional portfolios allocate between 10% and 40% to cryptocurrencies, with Bitcoin serving as the primary holding. This significant allocation advice underscores a growing conviction in Bitcoin’s long-term viability and suitability within professional… Read More »Ric Edelman Advocates 10-40% Institutional Allocation to Crypto, Emphasizing Bitcoin
Real estate investment firm Cardone Capital, founded by entrepreneur Grant Cardone, has acquired 1,000 Bitcoin. This significant purchase forms part of a deliberate strategy to integrate cryptocurrency holdings directly into its real estate portfolio, signaling a novel fusion of traditional… Read More »Cardone Capital Acquires 1,000 Bitcoin, Plans Major Expansion into Crypto
BlackRock’s iShares Bitcoin ETF (IBIT) has achieved unprecedented growth, surpassing $70 billion in assets under management within 341 days. This milestone represents the fastest accumulation of assets in ETF history. Financial advisors currently hold approximately 20% of IBIT shares, a… Read More »BlackRock’s IBIT ETF Hits $70B AUM Amid Surging Institutional Demand