BlackRock Asset Management Company is reportedly holding a Bitcoin meeting with its large clients.
At a recent special event organized by BlackRock, famous clients and industry participants were invited to discuss the future of Bitcoin.
Bitcoin Swan, one of the event participants, shared some valuable insights with its clients.
This event is significant as it marks BlackRock’s efforts to promote its Bitcoin ETF to large clients. This move is in line with BlackRock’s view that it is leveraging its marketing and sales skills to promote Bitcoin and ETF products.
Senior officials at BlackRock have revealed that they have received unexpected requests expressing interest in buying Bitcoin.
This shows that organizations, investors, and companies that were previously unrelated to Bitcoin are now showing interest.
At the company’s event, an analyst presented on pricing and modeling Bitcoin in the investment portfolio.
BlackRock’s analyst proposed a surprising figure for participants: allocate 28% to Bitcoin.
According to Swan, when these large clients have absorbed this information, BlackRock is expected to share it with its entire client base.
