
Adam Back, CEO of Blockstream, has projected that the largest Bitcoin companies will soon surpass major technology giants such as Apple, Amazon, NVIDIA, and Tesla in market capitalization. He further stated that Bitcoin treasury firms are driving a process of hyperbitcoinization, with Bitcoin's market cap expected to exceed $200 trillion within the next decade. Meanwhile, BlackRock's Chief Investment Officer, overseeing $11 trillion in assets, has emphasized Bitcoin's emergence as a new asset class that has captured significant institutional focus. According to BlackRock executives Jay Jacob and other senior officials, Bitcoin thrives amid economic uncertainty and is increasingly seen as a borderless store of value comparable to gold. Institutional investors are reportedly largely focused on Bitcoin, with Ethereum considered a distant second. Market movements have reflected this sentiment, with Bitcoin surging alongside declining confidence in the U.S. dollar. BlackRock’s ETF executives have also noted that institutional interest is predominantly concentrated on Bitcoin over other cryptocurrencies.
BlackRock ETF exec says institutions only care about Bitcoin https://t.co/eRiaFagK0i
NEW: BlackRock’s CIO says institutional investors are "largely focused on Bitcoin right now with Ethereum as a distant second.” https://t.co/KNgSKqhryV
INSIGHT: Blackrock's CIO says " $BTC is a new asset class that has captured institutional focus." "There's a potential for it to be a borderless store of value that looks like gold" https://t.co/9La0zbot0a








