Bitcoin Has No Label but Its Closest Rival Is Gold, BlackRock Exec Says
Bitcoin
Bitcoin (CRYPTO: BTC) as a portfolio diversifier and hedge against rising government debt and currency debasement, according to BlackRock Inc. (NYSE:BLK) Global Head of Digital Assets Robbie Mitchnick. How ETFs Build Long-Term Investor Base Speaking on the Crypto Prime podcast on Sep. 5, Mitchnik noted that investors in the firm's iShares Bitcoin Trust ETF (NASDAQ:IBIT) have largely held their positions despite Bitcoin's more than 50% peak-to-trough drop since October 2025.
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