Trading volume in BlackRock’s (BLK) leading spot Bitcoin (BTC) exchange-traded fund (ETF) has reached its highest level since the U.S.

The world’s biggest asset manager is finally allowing Bitcoin into its $150 billion model-portfolio universe. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkBlackRock Inc.

Last week, prices for BlackRock's spot bitcoin (BTC) exchange-traded fund (ETF) declined over 11%, with volumes reaching the highest since mid-November, according to data source TradingView. Over 331 million shares of the ETF,

BlackRock's Bitcoin ETF saw its highest trading volume in three months, dropping 11% and losing over $1 billion in outflows while maintaining its position as the world's largest ETF.

BlackRock is now officially putting Bitcoin into its $150 billion model-portfolio. The company has decided to allocate 1% to 2% of these portfolios to IBIT,

BlackRock, the world’s largest asset manager, is incorporating Bitcoin into its $150 billion model-portfolio universe. The firm is adding a 1% to 2% allocation of the iShares Bitcoin Trust ETF (IBIT) to its target allocation portfolios that allow for alternatives,

Asset manager BlackRock’s (BLK) leading iShares Bitcoin Trust (IBIT) has seen a record one-day outflow of $418.1 million as the selloff in

The addition sounds risky at a time of cratering bitcoin prices, but the asset management titan says advisor demand is strong.

BlackRock includes Bitcoin ETF in its model portfolios with 1%-2% allocation, highlighting its strategic focus on diversification.