🧵 1. BlackRock, with $10 trillion assets under management, releases report praising Bitcoin as unique diversifier in investment portfolios. #crypto
🧵 1. BlackRock, with $10 trillion assets under management, releases report praising Bitcoin as unique diversifier in investment portfolios. #crypto
🧵 2. The report highlights Bitcoin's detachment from traditional asset classes, citing long-term stability and global adoption potential.
🧵 3. BlackRock CEO Larry Fink, formerly sceptical of Bitcoin, now acknowledges his earlier dismissal was wrong. Firm sees Bitcoin as a key investment.
🧵 4. Bitcoin's rise in popularity marked by BlackRock's successful launch of a Bitcoin ETF, now managing over $21 billion in assets.
🧵 5. BlackRock's strong pro-Bitcoin stance signifies increasing acceptance of cryptocurrency within global financial institutions, potentially accelerating its mainstream adoption.
🧵 Read more at: https://www.zerohedge.com/crypto/bitcoin-unique-diversifier-blackrock-releases-new-pro-crypto-report