BlackRock Makes Flash Statements About Bitcoin – “If This Happens, Not Owning BTC Will Become Risky”

By: bitcoin sistemi|2025/05/02 18:45:01
0
Share
copy
The world's largest asset manager, BlackRock, said that Bitcoin (BTC) is starting to play an increasingly critical role in institutional investment portfolios.Robbie Mitchnick, head of the firm’s digital assets unit, said that if Bitcoin breaks away from its correlation with tech stocks, “it becomes riskier not to own BTC.”“Bitcoin’s correlation with tech stocks will be a critical determinant for institutional investors,” Mitchnick said. “If Bitcoin behaves like a tech stock, it won’t be very attractive to institutions. But if it shows low or negative correlation, meaning it can remain stable during times of sudden risky declines, then it could become a very important asset for many institutional portfolios.”Bitcoin supporters argue that BTC has begun to decouple from stocks and is trading with lower volatility, indicating Bitcoin’s “safe haven” identity, which helps position it as an asset similar to gold.Related News: BREAKING: Bitcoin Bull MicroStrategy Releases Anticipated Earnings Report - Here Are the Results and New MovesBloomberg ETF analyst Eric Balchunas, who moderated the panel with BlackRock representative Mitchnick, said: “Large institutions are looking for digital gold. They want a hedge against inflation and market volatility, an indestructible currency.”BlackRock CEO Larry Fink has also long described Bitcoin as “digital gold,” and that rhetoric is central to the company’s strategy to attract investors to its Bitcoin ETF, which launched in January 2024 and has received about $57 billion in inflows to date.*This is not investment advice. Continue Reading: BlackRock Makes Flash Statements About Bitcoin – “If This Happens, Not Owning BTC Will Become Risky”

-- Price

--

You may also like

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com