{"id":7788,"date":"2025-01-15T12:20:02","date_gmt":"2025-01-15T12:20:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7788"},"modified":"2025-01-15T12:20:02","modified_gmt":"2025-01-15T12:20:02","slug":"bitcoin-adoption-still-early-blackrock-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7788","title":{"rendered":"Bitcoin Adoption Still Early, BlackRock Says"},"content":{"rendered":"<div>\n<p><strong>BlackRock<\/strong>\u2018s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BLK#NASDAQ\">BLK<\/a>) Head of Digital Assets, <strong>Robert Mitchnick<\/strong>, on Wednesday said that <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) adoption is still in its \u201cearly days\u201d, particularly within the wealth advisory <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42644568\/institutional-crypto-adoption-for-real-this-time-says-messari\">and institutional segments.<\/a><\/p>\n<p><strong>What Happened: <\/strong>He shared this perspective during an <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2025-01-14\/ibit-mstr-draw-different-investor-types-mitchnick-video\">interview<\/a> with Bloomberg, discussing the firm\u2019s focus for the second year of their <strong>IBIT <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) ETF.<\/p>\n<p>Mitchnick acknowledged that the first year of IBIT saw record-setting inflows and asset accumulation.<\/p>\n<p>He highlighted that BlackRock is still prioritizing its role as a resource and education partner for clients.<\/p>\n<p>The firm specifically targets wealth advisors and institutions, which it believes hold the key to long-term adoption.<\/p>\n<p>Mitchnick stated that the direct end investor demand was \u201cgangbusters out &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42998035\/bitcoin-adoption-still-early-blackrock-says\" alt=\"Bitcoin\" adoption still early blackrock says>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock\u2018s (NASDAQ:BLK) Head of Digital Assets, Robert Mitchnick, on Wednesday said that Bitcoin (CRYPTO: BTC) adoption is still in its \u201cearly days\u201d, particularly within the wealth advisory and institutional segments. What Happened: He shared this perspective during an interview with Bloomberg, discussing the firm\u2019s focus for the second year of their IBIT (NASDAQ:IBIT) ETF. Mitchnick [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7788","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7788"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7788\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}