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BlackRock’s Robbie Mitchnick Video Sparks Surprise Bitcoin and XRP Inflows
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BlackRock’s Robbie Mitchnick Video Sparks Surprise Bitcoin and XRP Inflows
TL;DR BlackRock cautions investors, emphasizing patience and long-term strategies over leveraged trades. Bitcoin and XRP show inflows, reflecting institutional interest after Mitchnick’s comments. In-kind ETF conversions allowed $3 billion Bitcoin movement without triggering taxable sales. Robert Mitchnick, the head of crypto assets at BlackRock, recently shared his firm’s perspective on cryptocurrency markets. His public interview attracted co…
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