**Bitcoin: Risk-On or Risk-Off? BlackRock Weighs In**
- BlackRock's head of digital assets, Robbie Mitchnick, says Bitcoin has been mislabelled as a "risk-on" asset. đ§
- Mitchnick argues that Bitcoin's long-term drivers differ from equities and other risk assets.
- BlackRock's white paper calls Bitcoin a "unique diversifier," potentially hedging against monetary and geopolitical risks.
- Despite recent ETF amendments, Mitchnick assures it's just routine fine-tuning.
- Meanwhile, crypto analyst PlanB dreams of Bitcoin hitting $1M by 2025, though many find this overly optimistic.
Stay tuned for more crypto rollercoasters! đ