StockNews.AI
BLK
CNBC
215 days

Trump and bitcoin: BlackRock predicts another historic year for crypto

1. BlackRock predicts Bitcoin will soar under Trump’s administration. 2. Cohen emphasizes cryptocurrency deregulation will boost Bitcoin's adoption. 3. iShares Bitcoin Trust (IBIT) has risen 114% since January 2024 launch. 4. Bitcoin briefly traded above $100,000, highlighting market interest. 5. Investors should brace for volatility despite Bitcoin's long-term potential.

3m saved
Insight
Article

FAQ

Why Bullish?

Increased cryptocurrency adoption and deregulation under Trump could benefit BLK's Bitcoin ETFs, similar to past Bitcoin surges.

How important is it?

The article discusses trends in cryptocurrency which are central to BlackRock's ETF strategy.

Why Long Term?

The anticipated regulatory changes may create a sustainable growth trajectory for BlackRock's cryptocurrency products, influencing long-term returns.

Related Companies

Related News