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BlackRock: Institutions Focus on Bitcoin and Ethereum, AI Becomes Key Driver in Crypto Market
Summary: BlackRock's digital assets lead stated that institutional investors are concentrating their crypto allocations on Bitcoin and Ethereum, with limited appeal for other tokens. He believes artificial intelligence will become a more important long-term driver and emphasizes the synergistic relationship between cryptocurrency and AI.
According to Gate News, on March 25, Robbie Mitchnick, head of digital assets at BlackRock, stated that institutional investors are concentrating their crypto asset allocations on Bitcoin and Ethereum, with limited interest in most other tokens, viewing them as lacking long-term value. Meanwhile, Mitchnick pointed out that artificial intelligence will become a more important long-term driver than crypto assets, and emphasized that cryptocurrency, as "computer-native currency," has a natural synergistic relationship with AI's "computer-native data and intelligence." (Source: CoinDesk) #Gate正式接入Polymarket