BLACKROCK: The optimal #Bitcoin allocation is 84.9% of a portfolio. 🤑 
Discussion
They're 15.1% shy then.
NGMI
They obv still don't understand bitcoin yet...
Optimal is minimum 100%
This makes me nervous ...
This is exciting for sure, but I think it’s also important to cite that this paper is from February 2022. The price was ~$40k, and the market had recently back from euphoria-land only a few months prior.
Again, I’m on team #Bitcoin but I’d be interested to see more recent observations.
Explain to me why Bitcoin drop to 28500 if Blackrock and others own lots of Bitcoin? Seems that the market manipulates the “decentralized” asset
This smells SUPER fishy https://nostrcheck.me/media/public/nostrcheck.me_3913040257310533581690377063.webp
That's a wild allocation. imagine if institutions rebalanced to this metric en masse 😐
I don’t want to come down to that.
Can you link to the paper?