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BlackRock Reveals Its Recommended Bitcoin Exposure
In a recent report, BlackRock has provided valuable insights into its stance on Bitcoin and its potential future developments. The asset management giant has long been a skeptic of the digital currency, but it appears that this may be changing.
According to reports, BlackRock’s researchers have predicted that Bitcoin could potentially become less risky as institutional investors increasingly turn their attention towards it. This shift in sentiment would likely result in lower returns for early adopters and more moderate growth for those who jump into the market at a later stage.
As the article suggests, this development is not necessarily a bad thing. It implies that Bitcoin may be on the verge of entering a new phase of mainstream acceptance, which could lead to greater stability and a reduction in price volatility.
It’s worth noting
Source: u.today
