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BlackRock’s chief investment officer expects Bitcoin and Ethereum exchange-traded funds (ETFs) to be included in model portfolios by the end of 2024. Speaking in an interview with Bloomberg, BlackRock exec Samara Cohen noted that major wirehouses are currently assessing the risks and utility of Bitcoin and Ethereum in their portfolios. Model portfolio market to surgeAccording to Cohen, firms like Morgan Stanley, Wells Fargo, and UBS might be looking to integrate cryptocurrencies in their ‘model portfolios’ by the end of 2024. Model portfolios are investment portfolios that serve as templates o…

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