Robert Mitchnick, Head of Digital Assets at Blackrock, one of the world’s largest asset managers. Bitcoin (BTC) and talked about cryptocurrencies.
“Bitcoin is overwhelmingly the number one priority for our customers. Ethereum and the rest take up very little space.
“The cryptocurrency community wants Blackrock to launch products tied to other cryptocurrencies, but that is not our focus.”
The Blackrock executive was also asked where Bitcoin will be on Wall Street in 10 years. “Eventually, we expect there to be a convergence where the best of the old system and new technology will merge with a new infrastructure system in finance.” said.
🚨NEW: When asked about where $BTC on Wall Street will be in 10 years, @BlackRock‘s Head of Digital Assets Robert Mitchnick said:
“Eventually we expect there will be a convergence where the best of the old system and the new technology will become fused into a new… https://t.co/tyREgJjVNn
— Eleanor Terrett (@EleanorTerrett) March 22, 2024
*This is not investment advice.
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