Bitcoin Price Still Ignores Wall Street Demand, BlackRock Exec Warns
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Robbie Mitchnick, Global Head of Digital Assets at BlackRock, discussed Bitcoin's stagnant price despite strong institutional demand. He suggests that the demand from Wall Street is not yet reflected in Bitcoin's current price.
March 20, 2025 | 5:15 am
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BlackRock's Global Head of Digital Assets, Robbie Mitchnick, comments on Bitcoin's price stagnation despite strong institutional demand, indicating potential future interest from Wall Street.
BlackRock's involvement in digital assets and the comments from its executive suggest potential future interest in Bitcoin from institutional investors. However, the immediate impact on BlackRock's stock is neutral as the news does not indicate any direct action or change in strategy.
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