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  • 1 year ago
BlackRock's ETF Chief, Samara Cohen, predicts Bitcoin will rise under President-elect Donald Trump, citing expected cryptocurrency deregulation as a key driver. Speaking to CNBC, Cohen emphasized Bitcoin's volatility, noting that 15% moves are not enormous and that long-term adoption will determine its value. BlackRock's iShares Bitcoin Trust has been up 114% since January 2024, and it launched its Bitcoin ETF on CBOE Canada this week. Calamos Investments plans to debut the world's first fully downside-protected Bitcoin ETF two days after Trump’s inauguration.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02BlackRock's ETF chief, Samara Cohen, predicts Bitcoin will rise under President-elect Donald
00:06Trump, citing expected cryptocurrency deregulation as a key driver.
00:11Speaking to CNBC, Cohen emphasized Bitcoin's volatility, noting that 50% moves are not
00:16enormous and long-term adoption will determine its value.
00:20BlackRock's iShares Bitcoin Trust is up 114% since January 2024.
00:26It launched its Bitcoin ETF on CBOE Canada this week.
00:30Calibus Investments plans to debut the world's first fully downside-protected Bitcoin ETF
00:36two days after Trump's inauguration.
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