Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’

Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a conversation with Yahoo Finance. Mitchnick stated that he doesn’t consider bitcoin to be a “risk-on asset.” His remarks coincided with the debut of Blackrock’s Ishares bitcoin exchange-traded fund (ETF) options on Nasdaq, signaling a significant development in the company’s digital asset strategy.

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Great insights! 🧐 Bitcoin’s role is evolving, and it’s important to challenge the usual narratives. 🔍
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How interesting... the digital world is amazing