Blackrock Exec Debunks Bitcoin Myths: ‘It’s Not a Risk-on Asset’

Blackrock Inc.’s head of digital assets, Robert Mitchnick, recently shared his thoughts on bitcoin during a conversation with Yahoo Finance. Mitchnick stated that he doesn’t consider bitcoin to be a “risk-on asset.” His remarks coincided with the debut of Blackrock’s Ishares bitcoin exchange-traded fund (ETF) options on Nasdaq, signaling a significant development in the company’s … Read more

Blackrock’s USD Institutional Digital Liquidity Fund Set to Expand to 5 New Blockchains

Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL) is set to expand to Aptos, Arbitrum, Avalanche, Optimism, and Polygon. Blackrock to BUIDL on More Blockchains The Blackrock USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize and first introduced on the Ethereum network in March 2024, will now extend access across several blockchains. BUIDL is a … Read more