US EditionHow To Price Bitcoin? BlackRock Exec Explains
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How To Price Bitcoin? BlackRock Exec Explains
Bitcoin should be valued as “an uncorrelated asset that benefits when the world gets messier,” BlackRock’s US Head of Equity ETFs Jay Jacobs told CNBC in an interview on Thursday. “Crypto over the long run is decoupled from US tech stocks,” Jacobs said, stressing that short-term market stress can mask the difference but that “the... The post How To Price Bitcoin? BlackRock Exec Explains appeared first on Daily Truth Report • DailyTruthReport.com.
BlackRock With $11 Trillion Assets Says Central Banks Eye Bitcoin Diversification Amid Uncertainty
BlackRock, the world's largest asset manager overseeing approximately $11 trillion in assets, has indicated that central banks are exploring diversification into Bitcoin. Jay Jacobs, BlackRock's US Head of Equity ETFs, stated that Bitcoin tends to thrive amid uncertainty and highlighted that the cryptocurrency has become decoupled from tech stocks over the long term. This shift reflects a growing interest from central banks in Bitcoin as a poten…
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