BlackRock's Head of Digital Assets stated that institutional investment flows are being reorganized around Bitcoin (BTC) and Ethereum (ETH), expressing skepticism about the altcoin market and identifying artificial intelligence (AI) as the next growth engine.
Institutional funds focus on BTC and ETH
Robert Mitchnick, Head of Digital Assets at BlackRock, stated at the Digital Assets Summit (DAS) in New York on the 24th, “Institutional investors are focusing more on Bitcoin and Ethereum.”
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