According to ChainCatcher, according to Benzinga, global asset management giant BlackRock said that as the US federal debt reached 35 trillion US dollars, the market's interest in Bitcoin as a reserve asset has increased. BlackRock's ETF chief investment officer Samara Cohen and digital asset head Robert Mitchnick pointed out that concerns about the spread of US federal deficits and debt problems are driving widespread institutional interest in Bitcoin.

Bitcoin is seen as a "unique and diversified tool" to hedge fiscal, monetary and geopolitical risks. BlackRock CEO Larry Fink once called Bitcoin a hedge against inflation, especially against the backdrop of rising global tensions and the threat of de-dollarization. 💼🌍