BlackRock's Mitchnick says macro case for bitcoin is strengthening after record trading in positive week

BlackRock's head of digital assets shared his outlook for bitcoin after the company's spot BTC ETF, IBIT, hit record volume for a positive week.

BlackRock’s digital assets chief said concerns about U.S. debt and deficits strengthen bitcoin’s appeal as an emerging store of value alongside gold.
Trading volume in the company’s spot bitcoin ETF, IBIT, reached a record for a positive week while the share price tracked bitcoin’s 23% gain.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.