Everyone seems to have overlooked its importance!!!
BlackRock, the world's largest asset management giant, helps the Federal Reserve manage the issuance of U.S. debt. It has written a white paper specifically for the asset class #BTC☀ to explain this matter. It can be seen that this matter is very important!
From the macro market, the Federal Reserve has entered a cycle of interest rate cuts, but the current market U.S. stocks and real estate have peaked. Which type of assets can support the Federal Reserve to release water again and try to reduce social inflation?
BlackRock explained in this white paper: BTC is almost unaffected by the macro factors of most traditional asset classes and cannot be evaluated by traditional asset analysis methods!
To put it bluntly, that is to say, if the U.S. economy declines in the future, traditional assets such as U.S. stocks and gold fall, and encrypted assets such as BTC may go out of independent market conditions.
At least my BlackRock BTCETF will take the lead in buying and set an example. You other investors can do it!
