tldr; BlackRock promotes Bitcoin as a “unique diversifier” for investors, highlighting its low long-term correlation with traditional assets like stocks and bonds. Despite its volatility, Bitcoin has outperformed major assets in 7 of the last 10 years. BlackRock views Bitcoin as decentralized, non-sovereign, and global, making it appealing during geopolitical uncertainties. They emphasize its potential for portfolio diversification, noting its ability to recover from significant downturns and its liquidity advantages due to 24/7 trading.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
kirtash93 on
Its funny how things have changed and how institutions are shilling crypto. I remember the FUD last bull run ATH back in 2021 and words like crypto ban pop in my brain. Things have changed a lot! I wonder what will be the FUD next bull run ATH.
Congratulations to all the people that have fought against the FUD and believed in crypto. We won.
Update: I am here for the money.
Grunblau on
Unique diversifier if you self custody. Not if you are merely a beneficial owner of an ETF share.
5 Comments
tldr; BlackRock promotes Bitcoin as a “unique diversifier” for investors, highlighting its low long-term correlation with traditional assets like stocks and bonds. Despite its volatility, Bitcoin has outperformed major assets in 7 of the last 10 years. BlackRock views Bitcoin as decentralized, non-sovereign, and global, making it appealing during geopolitical uncertainties. They emphasize its potential for portfolio diversification, noting its ability to recover from significant downturns and its liquidity advantages due to 24/7 trading.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Its funny how things have changed and how institutions are shilling crypto. I remember the FUD last bull run ATH back in 2021 and words like crypto ban pop in my brain. Things have changed a lot! I wonder what will be the FUD next bull run ATH.
Congratulations to all the people that have fought against the FUD and believed in crypto. We won.
Update: I am here for the money.
Unique diversifier if you self custody. Not if you are merely a beneficial owner of an ETF share.
They’re trying to pump their bags lol
Bullish times ahead of us!