Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg
Bitcoin Magazine Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg BlackRock’s Head of Digital Assets, Robert Mitchnick, explains the key factors driving the surge in Bitcoin ETFs. This post Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Bitcoin Magazine
Robert Mitchnick Discusses BlackRock’s Bitcoin ETF IBIT Success On Bloomberg
Today, the Head of Digital Assets of BlackRock Robert Mitchnick, at the Bloomberg ETF IQ, talked about what’s really driving the surge in Bitcoin ETFs.
“It’s a lot of things coming together. Out of the gate was retail and investor demand…” said Mitchnick. “Now, more recently, we’ve seen just steady progress of more wealth advisor adoption, more institutional adoption. It’s been a mix of people who it’s the first time that they’ve invested in anything in the crypto space. And then on the other hand, you have lots of people who’ve been invested in Bitcoin for a long time and they’re taking advantage of the ETP wrapper.”
JUST IN: $11.5 trillion BlackRock's Robert Mitchnick said wealth advisor adoption of Bitcoin is "very early" 
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