BlackRock Executive Highlights the Growing Risk of Avoiding Bitcoin (BTC) A recent analysis suggests that the risk associated with not holding Bitcoin (BTC) may soon surpass the risk of investing in it, especially if BTC decouples from its correlation with US tech stocks. Robbie Mitchnick, BlackRock's Head of Digital Assets, emphasized this point in an interview with DL News. He stated that institutional interest in Bitcoin would remain limited as long as it mirrored the performance of tech stocks. However, Mitchnick believes that if BTC demonstrates independent price action and mitigates extreme downside risk, it could evolve into a crucial asset for institutional portfolios. This shift would fundamentally alter the conversation, moving from concerns about Bitcoin's risk to concerns about the increased risk of not including it in a diversified investment strategy. This potential shift highlights the growing acceptance of Bitcoin as a legitimate asset class within the financial world. As Bitcoin matures and demonstrates its ability to operate independently, more institutional investors may feel compelled to add it to their portfolios to mitigate potential losses and capitalize on its unique characteristics. ```

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