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🧵 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.