BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025

BlackRock executive Samara Cohen thinks Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) will be allocated to model portfolios by the end of this year and into 2025.

Model portfolios are a basket of different investments crafted by a financial advisor, according to the financial services firm Morningstar.

Cohen, BlackRock’s chief investment officer of ETFs and index investments, says in a new interview with Bloomberg that large wirehouses like Morgan Stanley, Wells Fargo and UBS are currently conducting due diligence and looking at risk analytics for the top two crypto assets.

“They look at them very differently of course, because as we know, Bitcoin and ETH are two very different asset classes with different use cases. But [they are] looking at their role in the portfolio and particularly their utility as portfolio diversifiers, and I think what will then happen towards the end of this year and into next year is we will see allocations made in model portfolios, which will give us much more of a steer as to how investors are using them.”

The U.S. Securities and Exchange Commission (SEC) greenlit the launch of the first spot Bitcoin ETFs in January. Ethereum ETFs launched last week.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post BlackRock Executive Predicts Bitcoin and Ethereum Become Part of Model Portfolios by 2025 appeared first on The Daily Hodl.