(Bloomberg) -- 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 BondsNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthBlackRock Inc. is adding a 1% to 2%
As of early Friday, the world’s preeminent cryptocurrency had lost a good chunk of the gains it had made since Donald Trump’s election victory in November.