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TechFlow, April 30 — According to CoinDesk, BlackRock's head of digital assets, Robert Mitchinik, said at the Token2049 conference in Dubai that Bitcoin may gradually evolve into a low-beta investment instrument. Recently, Bitcoin has decoupled from the U.S. stock market, maintaining relative stability amid U.S.-China trade tensions, reinforcing its status as a safe-haven asset.
According to CoinDesk, BlackRock's head of digital assets, Robert Mitchinik, said at the Token2049 conference in Dubai that Bitcoin may gradually evolve into a low-beta investment instrument. Recent decoupling of Bitcoin from the U.S. stock market, along with its relative stability amid U.S.-China trade tensions, has strengthened its status as a safe-haven asset.
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