Bitcoin is once again in the spotlight after Robert Mitchnick, Head of Digital Assets at BlackRock, confirmed at Token2049 Dubai that institutional investors are ramping up exposure to spot Bitcoin ETFs. Speaking alongside leaders from VanEck and CME Group, Mitchnick explained that while retail investors dominated the early ETF inflows, institutional and wealth management clients now lead the charge.
“The flows are back in a big way,” he said, adding that “every quarter, the percentage held by retail clients has gone down.”
This transition underscores a broader adoption cycle—one driven less by hype and more by portfolio strategy. According to BlackRock executives, institutions are increasingly viewing BTC as a macro hedge, not just a speculative asset.#bitcoin #cryptouniverseofficial