BREAKING đš
BlackRock says most institutional investors now view Bitcoin as a riskâoff asset đ .
The pivot follows weeks of heightened market turbulence and a surge in demand for safeâhaven holdings. The survey, conducted across 200+ asset managers, revealed a 62% consensus for Bitcoinâs riskâoff classification. Critics note Bitcoinâs price still mirrors equity swings, but proponents argue the new stance could unlock deeper institutional capital.
Bitcoin rallied roughly 3% on the report, and the market eyes further upside as the riskâoff narrative spreads đ.
$ONG, $EDEN , $BTR
BlackRock says most institutional investors now view Bitcoin as a riskâoff asset đ .
The pivot follows weeks of heightened market turbulence and a surge in demand for safeâhaven holdings. The survey, conducted across 200+ asset managers, revealed a 62% consensus for Bitcoinâs riskâoff classification. Critics note Bitcoinâs price still mirrors equity swings, but proponents argue the new stance could unlock deeper institutional capital.
Bitcoin rallied roughly 3% on the report, and the market eyes further upside as the riskâoff narrative spreads đ.
$ONG, $EDEN , $BTR