PANews reported on December 13 that the latest calculations by OKG Research show that based on BlackRock’s recently released research report “The Size of Bitcoin in Investment Portfolios”, if the global asset management industry follows its recommendations in 2024-2025, it will allocate 1%-2% of its investment portfolio to Bitcoin.
By the end of 2023, the global asset management industry will manage assets worth $118.7 trillion. Based on an average annual growth rate of 10%, if the allocation ratio reaches 2%, the potential inflow of funds will reach about $3.05 trillion. This inflow of funds may push the price of Bitcoin to about $247,000.
