BlackRock Digital Assets Head Says Institutions Are Focusing on Bitcoin and Ether

Robbie Mitchnick says institutional investors are increasingly concentrating on the two largest cryptocurrencies, while viewing many other tokens as short-lived and largely "nonsense."

BTC

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Terms & Concepts
  • Digital assets: Blockchain-based assets such as cryptocurrencies and tokenized instruments held or traded electronically.
  • Token: A crypto asset issued on a blockchain, often representing utility, governance rights, or other digital uses.
  • Institutional investors: Large professional investors such as asset managers, pension funds, insurers, and hedge funds.