After successfully launching a Bitcoin spot ETF, BlackRock recently released a detailed report outlining the unique position of Bitcoin among major asset classes.

The current market value of Bitcoin exceeds $1 trillion, and BlackRock's spot Bitcoin ETF launched earlier this year quickly accumulated $21 billion in managed assets due to strong market interest, making it one of the most successful ETFs in history.

In BlackRock's latest white paper, the institution explains why Bitcoin can become a "unique risk diversification tool" and why many investors find it difficult to compare it to "traditional assets" when analyzing Bitcoin. The report points out that the correlation between Bitcoin and US stocks or US dollar interest rates is often short-lived.

The uniqueness of Bitcoin makes it unsuitable for the definition of traditional financial frameworks. Although Bitcoin has had short-term fluctuations in conjunction with stocks, especially during periods of significant changes in US dollar real interest rates, its long-term correlation with stocks and bonds is low, and its historical returns are much higher than other major asset classes

In addition, BlackRock emphasized a key point when analyzing the performance of Bitcoin and the difficulty of predicting its price:

The correlation between Bitcoin and macro factors that affect most traditional asset classes is extremely low

This Wall Street giant points out that although Bitcoin remains a 'high-risk' asset class, it has outperformed all other major asset classes in seven out of the past decade. But at the same time, in the other three years, Bitcoin's performance was the worst. BlackRock explained in the report that:

The fluctuations in the price of Bitcoin partially reflect the evolving prospects of its widespread adoption as a global currency alternative over time,

Due to its apparent decoupling from global macroeconomic factors, Bitcoin can serve as a safe haven for some in geopolitical tensions. The report also points out that Bitcoin can provide protection in the event that the US federal deficit may lead to a weakening of the US dollar.

However, BlackRock emphasizes that Bitcoin still belongs to high-risk assets, but its source of risk is different from traditional investment assets, so the traditional definition framework of "risk assets" and "safe haven assets" does not apply to Bitcoin. Finally, BlackRock concludes:

"As the global investment community tries to cope with the growing geopolitical tensions, concerns about the US debt and deficit situation, and the growing global political instability, Bitcoin may be seen as an increasingly unique diversified investment tool to deal with some financial, monetary and geopolitical risk factors faced by investors, which may face other problems in the portfolio."

(责任编辑：基金工具)

• ·omg价格今日行情价格
• ·GBcoin交易所下载
• ·On a certain Ethereum chain, a giant whale has entered and exited four times, achieving a perfect record in short-term trading
• ·时代币价格走势-时代币价格走势图
• ·子公司借款利息需要开发票吗
• ·eos挖钻石收益是多少-eos挖钻石收益是多少啊
• ·ltc是什么币行情-ltc币行情怎么样
• ·Cetus Token (CETUS)哪里可以买？交易平台推荐
• ·苹果需要四年多的时间才能将制造业带回美国
• ·次年发放的年终奖计入哪一年
• ·特朗普家族支持的WLFI项目浮亏超5300万美元
• ·虚拟币怎么挖
• ·柴犬（SHIB）价格意外走强，扭转市场低迷局面
• ·以下是加密货币行业专家对 2025 年、2030 年和 2035 年柴犬价格的预测
• ·大多数特朗普加密货币晚宴贵宾已转移或抛售其加密货币
• ·NXPC鲸鱼投资者盈利160万美元