Asset manager BlackRock (NYSE: $BLK) sees continued strength in Bitcoin (CRYPTO: $BTC) now that its price has broken out of its previous trading range.
Robbie Mitchnick, BlackRock's head of digital ***** ets, sees a bullish macroeconomic outlook for Bitcoin along with growing conviction among investors.
BlackRock runs the largest spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (NASDAQ: $IBIT).
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