
BlackRock (NYSE:BLK) expects Bitcoin (BTC) and other cryptocurrencies to have a historic year as President-elect Donald Trump prepares to take office, according to Samara Cohen, the firm's chief investment officer for exchange-traded funds (ETFs).
Cohen pointed to potential deregulation under the new administration as a key factor driving optimism. She oversees BlackRock's iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF in the U.S., which had about $50 billion in assets under management as of the latest data. Bitcoin rose 5.40% to $102,855, adding over $5,270 in value as of 09:46 AM ET, reflecting continued bullish sentiment in the crypto market.
The iShares Bitcoin Trust has surged over 110% since launching in January roli濤涛s, tracking Bitcoin's price rally. BlackRock recently expanded the fund to Canada and expects more spot Bitcoin ETFs to hit the market following Trump's inauguration. Despite the positive outlook, Cohen cautioned investors about ongoing volatility. Bitcoin is a risky asset, and investors should expect volatility, she said in a recent TV interview.
免責聲明:info@kdj.com
所提供的資訊並非交易建議。 kDJ.com對任何基於本文提供的資訊進行的投資不承擔任何責任。加密貨幣波動性較大,建議您充分研究後謹慎投資!
如果您認為本網站使用的內容侵犯了您的版權,請立即聯絡我們(info@kdj.com),我們將及時刪除。