logo

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

By: cryptosheadlines|2025/05/03 08:45:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com 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.Bloomberg 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.Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!Source link

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

Popular coins

Latest Crypto News

Read more