BTCC
/
BTCC Square
/
Coindesk
/
BlackRock Strategist: Bitcoin Morphing Into Wall Street’s New ’Safe’ Bet
BlackRock Strategist: Bitcoin Morphing Into Wall Street’s New ’Safe’ Bet
8
1
Move over, Treasury bonds—Bitcoin’s volatility is getting a makeover. BlackRock’s Mitchnik suggests the crypto giant could soon trade like a low-beta equity, offering institutional investors a surprising hedge against market chaos.
The irony? A decade after being dismissed as ’rat poison,’ Bitcoin might become the very thing Wall Street craves: predictable returns. Just don’t tell the gold bugs.
Bonus jab: Meanwhile, traditional finance still can’t decide if crypto is a scam or their next revenue stream—classic hedge fund ambivalence.
By:
Previous
BlackRock’s $150B Tokenized Treasury Play: Wall Street’s Crypto Endgame?
Next
Bitcoin’s Data Limit Debate Ignites Fresh Tensions—Echoes of Ordinals War Resurface
