BlackRock's head of active ETFs, Jay Jacobs, forecasts a colossal surge in the Bitcoin market, predicting its growth to a staggering $5.4 trillion in the coming years. According to Jacobs, investors are seeking alternative assets beyond traditional stocks and bonds due to the increasing correlation between these asset classes, particularly amid heightened interest rates. This has led to the exploration of real alternatives like Bitcoin for portfolio diversification. Regarding Bitcoin's market outlook, Jacobs emphasizes the importance of long-term perspectives and tolerance for volatility and bear markets, suggesting a positive outlook for investors with such a mindset.

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