Bitcoin in BlackRock's Eyes: A Diversified Safe haven Investment Tool Different from Traditional Assets
After successfully launching a Bitcoin spot ETF, BlackRock recently released a detailed report outlining the unique position of Bitcoin among major asset classes.
The current market value of Bitcoin exceeds $1 trillion, and BlackRock's spot Bitcoin ETF launched earlier this year quickly accumulated $21 billion in managed assets due to strong market interest, making it one of the most successful ETFs in history.
In BlackRock's latest white paper, the institution explains why Bitcoin can become a "unique risk diversification tool" and why many investors find it difficult to compare it to "traditional assets" when analyzing Bitcoin. The report points out that the correlation between Bitcoin and US stocks or US dollar interest rates is often short-lived.
The uniqueness of Bitcoin makes it unsuitable for the definition of traditional financial frameworks. Although Bitcoin has had short-term fluctuations in conjunction with stocks, especially during periods of significant changes in US dollar real interest rates, its long-term correlation with stocks and bonds is low, and its historical returns are much higher than other major asset classes
In addition, BlackRock emphasized a key point when analyzing the performance of Bitcoin and the difficulty of predicting its price:
The correlation between Bitcoin and macro factors that affect most traditional asset classes is extremely low
This Wall Street giant points out that although Bitcoin remains a 'high-risk' asset class, it has outperformed all other major asset classes in seven out of the past decade. But at the same time, in the other three years, Bitcoin's performance was the worst. BlackRock explained in the report that:
The fluctuations in the price of Bitcoin partially reflect the evolving prospects of its widespread adoption as a global currency alternative over time,
Due to its apparent decoupling from global macroeconomic factors, Bitcoin can serve as a safe haven for some in geopolitical tensions. The report also points out that Bitcoin can provide protection in the event that the US federal deficit may lead to a weakening of the US dollar.
However, BlackRock emphasizes that Bitcoin still belongs to high-risk assets, but its source of risk is different from traditional investment assets, so the traditional definition framework of "risk assets" and "safe haven assets" does not apply to Bitcoin. Finally, BlackRock concludes:
"As the global investment community tries to cope with the growing geopolitical tensions, concerns about the US debt and deficit situation, and the growing global political instability, Bitcoin may be seen as an increasingly unique diversified investment tool to deal with some financial, monetary and geopolitical risk factors faced by investors, which may face other problems in the portfolio."
(责任编辑:市场数据)
下一篇:Beeple: Speculators have left the NFT market, but there is still a group of enthusiasts who understand the technology
- ·总公司和独立核算的分公司的资金往来怎么入账
- ·请问建行龙卡信用卡没开卡激活次年会被收费吗?
- ·Quantum BioPharma加码加密货币投资至450万美元
- ·btc今日行情分析反弹
- ·天气什么什么出来了
- ·defi代币怎么买 defi代币哪里买
- ·Metis & ABGA 合作推出与 Google Cloud 共同推动的 GameFi Quantum Leap 加速器计划
- ·冬天是什么季节-冬天是什么季节,写一句话
- ·2025 年第二季度末之前狗狗币(DOGE)将飙升多少?
- ·比特兑是什么意思
- ·火币网是传销吗
- ·芝麻交易所交易平台官方v4.079_易欧app最新版移动端链接
- ·数字货币钱包生产厂家-数字货币钱包生产厂家有哪些
- ·狗狗币挖矿交易中心 狗狗币挖矿交易中心最新免费版安装v6.8.3
- ·封停板股票-股票封停板什么意思
- ·Floki在证券委员会发出警告后限制香港质押
- · 欧亿app官网正式版下载
- · oe交易所app下载
- · okx交易所app官网链接
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台有哪些
- · 虚拟货币交易平台排名
- · okx官方
- · 亿欧交易所下载
- · 加密货币交易所
- · OK交易所官网入口登录