Why BlackRock remains bullish on Bitcoin despite recent price slowdown
BlackRock maintains its long-term bullish stance on Bitcoin, viewing its adoption curve and structural relevance as more important than short-term price volatility.Summary
Despite Bitcoin's recent struggle to maintain the $100,000 level, BlackRock's latest SEC filing confirms its enduring conviction in the asset's long-term relevance, framing it as a decades-long structural theme driven by adoption curves and declining fiat credibility. The firm emphasizes Bitcoin's rapid network growth, which has surpassed early internet and mobile phone adoption rates, positioning it as a long-duration asset whose value reflects cumulative participation rather than short-term price swings. Furthermore, BlackRock argues that its iShares Bitcoin Trust (IBIT) has fundamentally improved market structure by simplifying institutional access, enhancing liquidity, and integrating regulated custody, thereby reducing operational friction. This institutional infrastructure development, coupled with Bitcoin's dual role as a monetary hedge against geopolitical disorder and a proxy for digital asset technology adoption, explains why recent price slowdowns do not diminish BlackRock's sustained bullish thesis.
(Source：CryptoSlate)