BlackRock’s Bitcoin Focus Shifts Toward Long-Term Value, Emphasizing Ethereum and Stablecoins

BlackRock clients view Bitcoin primarily as a store of value rather than a global payment solution, shifting their investment focus towards Ethereum staking and tokenized money markets. This strategic shift reflects the evolving landscape of digital assets, with stablecoins and tokenized funds taking center stage in payment innovation. BlackRock’s new approach emphasizes long-term value through infrastructure and yield-generating investments, influenced by CEOs Larry Fink and Robert Mitchnick.