📂 BlackRock publishes a report called “Bitcoin: A Unique Diversification”.

Bitcoin is seen as an asset with unique characteristics that can serve as an effective means of diversification in a context of growing global instability.

“Bitcoin, with its high volatility, is clearly a ‘risky’ asset in its own right. However, most of the risk and potential return factors that bitcoin faces are fundamentally different from traditional ‘risky’ assets, making it unsuitable for most traditional financial markets.”