Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, said on CNBC Tuesday that Bitcoin should have a place in portfolios alongside gold — though allocations depend on each investor's risk profile. Rieder, who manages BlackRock’s Global Allocation Fund, explained that his team is currently more exposed to equities and income products, with only 3–5% allocated to gold. While he described gold as “a better currency hedge today,” he emphasized Bitcoin’s significance as a long-term invest ...