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undermine

BlackRock’s head of digital assets warns leverage-driven volatility risks undermine b itcoin’s institutional narrative

BlackRock’s head of digital assets warns leverage-driven volatility risks undermine b itcoin’s institutional narrative

9 hours ago by Crypto InsightsCrypto

NEW YORK — While BlackRock’s iShares Bitcoin ETF (IBIT) is among the most successful product launches in Wall Street history, the crypto market’s growing reliance on leverage could be doing long-term damage to bitcoin’s BTC$70,413.42 institutional appeal, according to Robert Mitchnick, head of digital assets… Read More

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