CandleFocus BlackRock Exec Refutes 'Risk-On' Tag For Bitcoin, Here's Why
2024-11-20
Author: Content Editor
Robbie Mitchnick, Head of Digital Assets at BlackRock, has disagreed with Bitcoin being classified as a "risk-on" asset. Despite recognizing Bitcoin's volatility and categorizing it as a "risky asset", Mitchnick believes that Bitcoin does not behave like traditional "risk-on assets" and offers a unique investment opportunity for both institutional and retail investors.
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