Wall Street old money has finally loosened up, small-scale testing + high volatility warning, I’m familiar with this script—first let you taste success, then gradually increase the stakes.

CryptoWorld News reports that Blackstone has stated that Bitcoin should be a small supplement in an investment portfolio, with a suggested allocation of 1% to 2%. Blackstone pointed out that the role of Bitcoin is changing, with more investors paying attention to its supply and demand, adoption pathways, and its relationship with traditional assets. The company believes that a moderate Bitcoin allocation could enhance the return potential of the portfolio while keeping risks within an acceptable range. Blackstone's research shows that Bitcoin still exhibits high volatility and unstable correlation, and an excessively large Bitcoin holding could increase the overall risk of the portfolio. Blackstone also mentioned that with the expansion of its Bitcoin-related products, the iShares Bitcoin Trust remains one of the largest spot Bitcoin ETFs.