Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

SEC’s new interim watchdog Katherine Reilly to direct crypto fraud as a top priority

2025-05-20

What are tokenized real-world assets? Put physical value on the chain with RWAS

2025-05-20

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»BlackRock: Bitcoin is ‘gold alternative’, Ethereum a ‘technology bet’ – Why?
Bitcoin

BlackRock: Bitcoin is ‘gold alternative’, Ethereum a ‘technology bet’ – Why?

2024-10-06No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • BTC is sound money and a risk-off asset, according to BlackRock.
  • But ETH is a speculative bet on the adoption of blockchain technology.

BlackRock, the world’s largest asset manager, recently presented unique yet diverse pitch decks for Bitcoin [BTC] And Ethereum [ETH].

The dual pitch deck was presented during a digital assets conference in Brazil. BlackRock’s Robbie Mitchnick presented BTC as a ‘risk-off’ asset, putting it on par with or better than gold.

On the other hand, ETH was promoted as a ‘risk-on’ asset, similar to US stocks.

BTC as money; ETH as a bet

The asset manager touted BTC as a global monetary alternative and an excellent hedge against declining trust in governments and the ruthless devaluation of the fiat currency.

BitcoinBitcoin

Source: BlackRock

Rather, ETH was presented as a speculative bet on the adoption of blockchain technology, an investment that Mitchnick equated to US stocks.

He noted,

“On the one hand you have BTC, a commodity like gold and an alternative to stocks and bonds. Ethereum, more of a long-term technology, is betting that this blockchain will bring more use cases and more value to the economy in the future.”

Part of the crypto community echoed Mitchnick’s presentations, highlighting that BTC is ‘money’ with less inflationary pressure than fiat currencies, which lose value annually.

But it also settled the raging debate that has been going on for some time: ETH is not money. Since the introduction of Blobs earlier this year, ETH’s inflation rate has actually increased, making it less of an “ultra-sound currency.”

If forecasts hold, BTC could rise more sharply during future geopolitical tensions, while ETH could fall in such scenarios.

See also  Bitcoin and Solana Capitulation Event in sight, warns trader who has nailed 2022 Crypto -In -Cuting - here is his prospects

BlackRock’s perspective is crucial because it is a trendsetter and is widely recognized. Together with Grayscale, the asset managers are seen as responsible for the US shift and final approval of US spot BTC ETFs.

Since the ETF’s inception, BlacRock’s ETFs have outperformed all alternative offerings and exceeded key milestones.

At the time of writing it is BTC ETF, iShares Bitcoin Trust [IBIT]had cumulative net flows of $21.5 billion with nearly $23 billion in net assets.

That said, BlacRock’s ETH ETF, ETHA, has netted total inflows of $1.1 billion since trading began in July.

Ergo, the world’s largest asset manager, could influence the way other investors view the sector. According to some market observers, the message seems clear: Bitcoin is money, while the rest of crypto is speculative.

Meanwhile, BTC was valued at $62,000, down 5% from the weekly charts. On the other hand, ETH was valued at $2.4K, down 8.5% over the same period.

Next: Will Dogecoin break above $0.115 or remain subdued?

Source link

Alternative Bet Bitcoin Blackrock Ethereum Gold Technology
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

2025-05-20

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20

Mapping the next step of the Altcoin market is falling as purchasing power

2025-05-20
Add A Comment

Comments are closed.

Top Posts

XRP Faces Big Challenge: Scaling The $0.55 Wall – Possible?

2023-08-28

XRPL on Track to Welcome New Encompassing Amendments

2023-08-10

Cardano surpasses 500 million ADA in TVL

2023-05-20
Editors Picks

Dogecoin And Bitcoin Become Latest Additions To Robinhood Wallet

2023-08-31

SEC is postponing the US listing of crypto wallet provider Exodus on the NYSE due to ongoing investigations

2024-05-09

Bitcoin: Profit takers are doing their thing, but BTC is here to stay

2023-11-12

Tether’s $5.58 Billion Bitcoin Reserves: A Move to Strengthen USDT?

2024-10-29
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

SEC’s new interim watchdog Katherine Reilly to direct crypto fraud as a top priority

What are tokenized real-world assets? Put physical value on the chain with RWAS

Bitcoin reaches a new highlight of $ 107K – Can BTC retain the win?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,726.082.28%
  • ethereumEthereum(ETH)$2,486.233.59%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.331.29%
  • binancecoinBNB(BNB)$641.950.82%
  • solanaSolana(SOL)$165.613.01%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2186851.60%
  • tronTRON(TRX)$0.2728953.31%
  • cardanoCardano(ADA)$0.720.51%
  • suiSui(SUI)$3.794.88%
  • chainlinkChainlink(LINK)$15.502.74%
  • avalanche-2Avalanche(AVAX)$21.921.90%
  • stellarStellar(XLM)$0.2825591.22%
  • hyperliquidHyperliquid(HYPE)$25.912.81%
  • shiba-inuShiba Inu(SHIB)$0.0000141.43%
  • hedera-hashgraphHedera(HBAR)$0.1921183.44%
  • unus-sed-leoUNUS SED LEO(LEO)$8.721.42%
  • bitcoin-cashBitcoin Cash(BCH)$385.741.41%
  • the-open-networkToncoin(TON)$3.033.32%
  • polkadotPolkadot(DOT)$4.531.33%
  • litecoinLitecoin(LTC)$92.68-2.56%
  • moneroMonero(XMR)$346.970.93%
  • bitget-tokenBitget Token(BGB)$5.110.28%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.0000130.56%
  • piPi(PI)$0.743.55%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$260.0318.95%
  • bittensorBittensor(TAO)$413.545.80%
  • uniswapUniswap(UNI)$5.771.34%
  • nearNEAR Protocol(NEAR)$2.701.65%
  • aptosAptos(APT)$5.051.48%
  • okbOKB(OKB)$51.780.06%
  • ondo-financeOndo(ONDO)$0.923.29%
  • kaspaKaspa(KAS)$0.1075533.90%
  • ethereum-classicEthereum Classic(ETC)$18.051.95%
  • internet-computerInternet Computer(ICP)$5.101.70%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.336.84%
  • gatechain-tokenGateToken(GT)$21.370.64%
  • crypto-com-chainCronos(CRO)$0.0954312.22%
  • mantleMantle(MNT)$0.741.59%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.226519-0.98%
  • vechainVeChain(VET)$0.0273261.57%
  • render-tokenRender(RENDER)$4.544.00%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • ethenaEthena(ENA)$0.3633154.35%
  • arbitrumArbitrum(ARB)$0.3846553.87%
  • algorandAlgorand(ALGO)$0.2173692.60%
  • filecoinFilecoin(FIL)$2.791.36%
  • bitcoinBitcoin(BTC)$104,726.082.28%
  • ethereumEthereum(ETH)$2,486.233.59%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.331.29%
  • binancecoinBNB(BNB)$641.950.82%
  • solanaSolana(SOL)$165.613.01%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2186851.60%
  • tronTRON(TRX)$0.2728953.31%
  • cardanoCardano(ADA)$0.720.51%
  • suiSui(SUI)$3.794.88%
  • chainlinkChainlink(LINK)$15.502.74%
  • avalanche-2Avalanche(AVAX)$21.921.90%
  • stellarStellar(XLM)$0.2825591.22%
  • hyperliquidHyperliquid(HYPE)$25.912.81%
  • shiba-inuShiba Inu(SHIB)$0.0000141.43%
  • hedera-hashgraphHedera(HBAR)$0.1921183.44%
  • unus-sed-leoUNUS SED LEO(LEO)$8.721.42%
  • bitcoin-cashBitcoin Cash(BCH)$385.741.41%
  • the-open-networkToncoin(TON)$3.033.32%
  • polkadotPolkadot(DOT)$4.531.33%
  • litecoinLitecoin(LTC)$92.68-2.56%
  • moneroMonero(XMR)$346.970.93%
  • bitget-tokenBitget Token(BGB)$5.110.28%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.0000130.56%
  • piPi(PI)$0.743.55%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • aaveAave(AAVE)$260.0318.95%
  • bittensorBittensor(TAO)$413.545.80%
  • uniswapUniswap(UNI)$5.771.34%
  • nearNEAR Protocol(NEAR)$2.701.65%
  • aptosAptos(APT)$5.051.48%
  • okbOKB(OKB)$51.780.06%
  • ondo-financeOndo(ONDO)$0.923.29%
  • kaspaKaspa(KAS)$0.1075533.90%
  • ethereum-classicEthereum Classic(ETC)$18.051.95%
  • internet-computerInternet Computer(ICP)$5.101.70%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.336.84%
  • gatechain-tokenGateToken(GT)$21.370.64%
  • crypto-com-chainCronos(CRO)$0.0954312.22%
  • mantleMantle(MNT)$0.741.59%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.226519-0.98%
  • vechainVeChain(VET)$0.0273261.57%
  • render-tokenRender(RENDER)$4.544.00%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • ethenaEthena(ENA)$0.3633154.35%
  • arbitrumArbitrum(ARB)$0.3846553.87%
  • algorandAlgorand(ALGO)$0.2173692.60%
  • filecoinFilecoin(FIL)$2.791.36%