BlackRock’s head of crypto doesn’t see Bitcoin as a ‘risk on’ asset

​​Bitcoin has been wrongly categorized as a “risk-on” asset, says Robbie Mitchnick, BlackRock’s head of digital assets. In a recent Bloomberg interview, Mitchnick argued that the crypto industry has misinterpreted Bitcoin’s risk profile, comparing it to stocks in a way that oversimplifies its behavior. He explained: Some crypto publications have taken Bitcoin’s inherent riskiness and

Source: Invezz