The world's largest asset management company, BlackRock, stated in its latest investment outlook report that interested investors may consider allocating 2% of their portfolio funds to Bitcoin, but also warned about the risks associated with Bitcoin. The report indicated that investors with appropriate management skills and risk tolerance may have reasons to include Bitcoin in a multi-asset investment portfolio, as Bitcoin may have lower correlation with other major asset classes and provide diversification in sources of returns. However, the report also mentioned that investors should be cautious of the risks associated with Bitcoin, including the possibility that Bitcoin may not ultimately be widely adopted, its volatility remains high, it is susceptible to sharp declines, and its returns are sometimes closely linked to stocks and other risky assets, making it unreliable as a hedge. According to VettaFi data, BlackRock is one of the 10 companies that launched spot ETF products tied to Bitcoin in January this year, with the total assets under management of these Bitcoin spot ETFs surpassing $100 billion. The majority of the assets flowed into BlackRock's iShares Bitcoin Trust Fund, which currently manages $51.1 billion in assets. The report stated that although Bitcoin is a unique asset, it shares similarities with the combination of "seven tech giants" including companies like Nvidia and Microsoft. The average market value of the seven tech giants is $2.5 trillion, close to Bitcoin's approximately $2 trillion. In terms of overall portfolio risk, holding a significant amount of the seven tech giants may pose a risk similar to holding Bitcoin. If the Bitcoin allocation exceeds 2%, the portion it occupies in the total portfolio risk would be relatively high compared to the average of the seven tech giants.