10/16/23: This BlackRock Paper Is Jaw-Dropping
In the latest episode, we investigate BlackRock's bold move towards a Spot Bitcoin ETF, highlighting its potential to reshape the financial landscape. Larry Fink, BlackRock's CEO, champions Bitcoin as a formidable hedge against inflation, surpassing even gold. An eye-opening internal paper from BlackRock even suggests an 85% portfolio allocation to Bitcoin, challenging conventional investment wisdom.
THE TRUTH ABOUT YOUR FUTURE with Ric Edelman · Ric Edelman
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Show Notes
In this episode, we explore BlackRock's intriguing move towards launching a Spot bitcoin ETF. As the world's largest money manager, BlackRock's decision has raised eyebrows and sparked conversations across the financial sector. Larry Fink, BlackRock's CEO, believes in Bitcoin's potential to revolutionize the financial system, even suggesting it as a more robust hedge against inflation than gold
An internal paper from BlackRock suggests a staggering 85% portfolio allocation to Bitcoin, a figure that challenges traditional investment strategies. While this number may seem audacious, it underscores the growing importance and acceptance of digital assets in today's investment landscape. Alongside this, we also touch on the upcoming webinar on October 24th, shedding light on the resurgence of bonds in the current high-interest-rate environment.
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Links from today's show:
Capturing Yields in a High-Rate Environment with Bond ETFs (Free Webinar - October 24 - Register HERE): https://dacfp.com/capturing-yields-in-a-high-rate-environment-with-bond-etfs/
Digital Assets Council of Financial Professionals: https://dacfp.com/
Get Certified in Blockchain and Digital Assets: https://dacfp.com/certificatIon/
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