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Bitcoin May Evolve into a Low Beta Investment Tool, Says BlackRock Executive
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According to CoinDesk, BlackRock's Head of Digital Assets, Robert Mitchinik, stated at the Token2049 conference in Dubai that Bitcoin may gradually evolve into a low beta investment tool. Recently, Bitcoin has decoupled from the U.S. stock market, maintaining relative stability amid U.S.-China trade tensions, which has reinforced its position as a safe-haven asset.
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