📈 BlackRock Sees a Strengthening Macro Case for Bitcoin
BlackRock’s Head of Digital Assets, Robbie Mitchnick, says rising concerns around U.S. debt and deficits are strengthening Bitcoin’s appeal as an emerging store of value alongside gold.
Meanwhile, BlackRock’s spot Bitcoin ETF IBIT saw record trading volume during a positive week:
🔹 IBIT gained 22.59% last week
🔹 $1.33B in weekly net inflows
🔹 $2.64B in inflows so far this month
🔹 BlackRock’s spot BTC ETF has attracted $63B since launch
Institutional conviction appears to be growing as macro uncertainty puts the spotlight on scarce assets like Bitcoin and gold. 🚀
#dyor #NFA✅
BlackRock’s Head of Digital Assets, Robbie Mitchnick, says rising concerns around U.S. debt and deficits are strengthening Bitcoin’s appeal as an emerging store of value alongside gold.
Meanwhile, BlackRock’s spot Bitcoin ETF IBIT saw record trading volume during a positive week:
🔹 IBIT gained 22.59% last week
🔹 $1.33B in weekly net inflows
🔹 $2.64B in inflows so far this month
🔹 BlackRock’s spot BTC ETF has attracted $63B since launch
Institutional conviction appears to be growing as macro uncertainty puts the spotlight on scarce assets like Bitcoin and gold. 🚀
#dyor #NFA✅
