Ric Edelman, founder of U.S. investment advisory firm Edelman Financial Services, said clients could allocate as much as 40% of their portfolios to Bitcoin. According to the Odaily report, Edelman argued that a 1% or 2% allocation is far too small and that exposure should be increased. He also said market performance backs that view. The remarks center on portfolio construction and suggest a much higher Bitcoin weighting than the small allocations often discussed in traditional advisory settings. No additional details on timing, strategy structure, or client profile were disclosed in the brief.
Ric Edelman, founder of U.S. investment advisory firm Edelman Financial Services, said clients could allocate as much as 40% of their portfolios to Bitcoin.
Edelman said a 1% or 2% allocation is far too small and that the share should be increased. He added that market performance supports that view.
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