BlackRock Sees ‘Renewed Sense Of Optimism’ Around Bitcoin
A renewed sense of optimism surrounds Bitcoin (CRYPTO: BTC) adoption following a shift in the regulatory landscape, according to a note from BlackRock (NASDAQ:BLK).
What Happened: President-elect Donald Trump‘s campaign promise to maintain a strategic Bitcoin reserve, alongside recent electoral success for pro-crypto politicians, has amplified expectations for a more supportive environment for digital assets, BlackRock told its clients
It added that these developments are expected to accelerate the mainstream adoption of Bitcoin.
“In addition to the macro environment, there is a renewed sense of optimism that regulatory clarity for Bitcoin and digital assets may emerge following the U.S. election,” BlackRock stated.
The firm highlighted that the combination …
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