According to Crypto Rover, BlackRock, which manages $11 trillion in assets, has officially recommended allocating 2% of investment portfolios to Bitcoin. This institutional endorsement, cited from BlackRock’s latest strategy update (source: Crypto Rover via Twitter, May 28, 2025), is expected to drive significant inflows into the cryptocurrency market and increase Bitcoin’s legitimacy among traditional investors. Traders should monitor for potential upward momentum in Bitcoin prices and increased volatility as institutional adoption accelerates.

According to Crypto Rover, BlackRock has suggested a 2% allocation of global assets to Bitcoin. With global assets estimated at $900 trillion, a 2% allocation would result in an $18 trillion Bitcoin market cap, which implies a potential price of approximately $900,000 per Bitcoin. Traders should note that this recommendation, if widely adopted, could significantly impact BTC price action and long-term trading strategies, as cited from Crypto Rover’s analysis on Twitter (source: twitter.com/rovercrc/status/1919300280044200275).