Bitcoin Belongs in Your Portfolio, Says BlackRock’s Crypto Chief

Robert Mitchnick, who leads BlackRock’s digital assets division, recently reiterated the firm’s stance on Bitcoin allocation during the Bitcoin 2025 conference in Las Vegas.

According to him, a 2% portfolio allocation to BTC is backed by years of internal research rather than any recent market trend.

The recommendation, which stems from a December report by BlackRock, positions Bitcoin as a potential hedge asset—comparable to gold, but with greater upside. Mitchnick emphasized that this conclusion was drawn after extensive analysis, not reactionary sentiment.

He added that BlackRock’s digital assets team has spent several years studying the asset’s behavior under various economic conditions, concluding that…

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