{"id":17094,"date":"2024-09-19T10:25:19","date_gmt":"2024-09-19T07:25:19","guid":{"rendered":"https:\/\/forklog.com\/en\/blackrock-identifies-bitcoin-as-a-unique-hedge-against-global-risks\/"},"modified":"2024-09-19T10:25:19","modified_gmt":"2024-09-19T07:25:19","slug":"blackrock-identifies-bitcoin-as-a-unique-hedge-against-global-risks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-identifies-bitcoin-as-a-unique-hedge-against-global-risks\/","title":{"rendered":"BlackRock Identifies Bitcoin as a Unique Hedge Against Global Risks"},"content":{"rendered":"

The world’s largest asset manager, BlackRock, has released a report<\/a> describing the first cryptocurrency as a “unique diversifier.”\u00a0<\/p>\n

The document emphasizes the historical price dynamics and the challenges of forecasting it. Experts believe that investors find it much harder to analyze cryptocurrencies compared to traditional assets.<\/p>\n

\"BTC_long_term\"
Bitcoin price dynamics since 2010 (total investment return over 169 months \u2014 807,000x). Data: BlackRock.<\/figcaption><\/figure>\n

Another key point is the fleeting correlation of digital gold with American stocks and the Fed<\/span> rate. According to analysts, the first cryptocurrency “reflects minimal fundamental exposure” to macroeconomic factors affecting most traditional financial instruments.<\/p>\n

\"corr-4\"
Correlation of Bitcoin with the S&P 500 index and gold. Data: BlackRock.<\/figcaption><\/figure>\n

While the Wall Street giant acknowledges the risky nature of Bitcoin, it has outperformed other major asset classes in price dynamics for seven of the last 10 years. However, BlackRock highlights that in “unproductive” years, the first cryptocurrency showed the worst results.<\/p>\n

\n“Such Bitcoin price movements continue to reflect, in particular, its evolving prospects over time as it becomes widely accepted as a global monetary alternative,” the report states.<\/cite><\/p><\/blockquote>\n

Analysts also noted that for many, the first cryptocurrency has become a “safe haven” amid geopolitical tensions. Bitcoin could also serve as a hedge against potential depreciation of the US dollar in the context of rising federal budget deficits<\/a>.<\/p>\n

\"events\"
Dynamics of S&P 500, gold, and Bitcoin amid major global events. Data: BlackRock.<\/figcaption><\/figure>\n

The total assets under management by BlackRock are approaching $11 trillion.<\/p>\n

\"AUM\"
Dynamics of assets under management by BlackRock. Data: Statista<\/a>.<\/figcaption><\/figure>\n

The leading spot Bitcoin ETF under the ticker IBIT has a figure of approximately $21 billion, according to SoSoValue<\/a>.\u00a0<\/p>\n

Back in August, BlackRock’s crypto funds surpassed Grayscale’s products<\/a> in total assets under management.<\/p>\n","protected":false},"excerpt":{"rendered":"

The world’s largest asset manager, BlackRock, has released a report describing the first cryptocurrency as a “unique diversifier.”\u00a0 The document emphasizes the historical price dynamics and the challenges of forecasting it. Experts believe that investors find it much harder to analyze cryptocurrencies compared to traditional assets. Bitcoin price dynamics since 2010 (total investment return over […]<\/p>\n","protected":false},"author":1,"featured_media":17093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,865,1252],"class_list":["post-17094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blackrock","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"40","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17094"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17094\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17093"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}