Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

BlackRock doesn’t like being compared to MicroStrategy when it comes to Bitcoin

Source Cryptopolitan

BlackRock is tired of being lumped in with MicroStrategy when it comes to Bitcoin. The asset management titan wants the world to know it’s playing a different game.

While MicroStrategy’s entire identity revolves around amassing Bitcoin like it’s Pokémon cards, BlackRock takes a more measured, institutional approach. Robert Mitchnick, BlackRock’s head of digital assets, spelled it out clearly: “It’s not BlackRock hoarding Bitcoin; it’s about providing access to a broad pool of investors.”

MicroStrategy, led by Michael Saylor, currently holds 450,000 Bitcoin. That’s more than 2% of all Bitcoin in circulation. They’ve spent $62,503 per Bitcoin on average, translating to a portfolio worth $41.1 billion. In January 2025 alone, they added 3,600 BTC to their stash.

First, they scooped up 1,070 BTC for $101 million. A week later, they snagged another 2,530 BTC for $243 million. Saylor isn’t just buying Bitcoin, he’s betting the farm on it, raising $2 billion through perpetual preferred stock offerings to keep his Bitcoin spree alive. The goal? Deliver returns 1.5 times greater than Bitcoin’s own performance.

BlackRock: Bitcoin for the masses

BlackRock’s approach couldn’t be more different. Its iShares Bitcoin Trust holds around 250,000 Bitcoin. The trust doesn’t serve as BlackRock’s personal piggy bank. Instead, it’s a tool for institutional investors who want in on Bitcoin without directly holding the asset.

Mitchnick explained, “We’re not buying and selling Bitcoin for ourselves. This is for our investors.” The numbers back it up—682 unique investors filed holdings in the latest quarterly report from Q4 2024.

BlackRock’s strategy is about scale and diversification. Unlike MicroStrategy, which thrives on leverage, BlackRock avoids piling risk on top of an already volatile asset. Mitchnick put it bluntly: “We don’t need a three-times levered Bitcoin ETF. The asset’s got enough volatility without it.”

This ethos has made BlackRock’s Bitcoin ETF a runaway success. In its first year, it brought in $36 billion in net new assets, doubling the total market value of cryptos. But the question now is whether that momentum can continue.

Crypto ETFs face an uncertain future

The buzz around Bitcoin ETFs has cooled. Applications for new funds tied to altcoins like Solana, XRP, Hedera (HBAR), and Litecoin are stacking up, but analysts are skeptical. Even if these ETFs get approved, they’re unlikely to attract the same level of interest.

JPMorgan estimates Solana ETFs could bring in $3 billion to $6 billion, while XRP ETFs might pull in $4 billion to $8 billion. That’s chump change compared to Bitcoin ETFs, which hold $108 billion, making up 6% of Bitcoin’s total market cap.

Ether ETFs haven’t fared much better. They’ve only managed to capture 3% of Ether’s market cap, totaling $12 billion in assets. The disparity is clear: Bitcoin remains king, and other cryptocurrencies aren’t ever gonna dethrone it.

Regulation is another wildcard. With a pro-crypto Congress and White House in 2025, the industry is hopeful for favorable changes. A new SEC chairman could pave the way for more innovative crypto products. Analysts believe this could open doors for hybrid Bitcoin and Ether ETFs and other creative solutions.

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 11, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Author Mitrade

Nov 11, Wed

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 11, 2026. Read on for the details.

Bitcoin lost its 200-day average — but the exit started three sessions before the CPI Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Author Suzie

Nov 11, Wed

Bitcoin fell 2.5% to about $73,400 on 11 November, an 11-week low, breaking its 200-day moving average near $73,100. The 24-hour liquidation tally reached $632 to $705 million, roughly 82% of it longs. But spot ETF outflows began three sessions earlier and USDT's market cap has shrunk $6.6 billion in 60 days — the leveraged length left before the inflation print did. A double top at 81,890 and 81,080 leaves a measured target of 69,366.

Gold Extends Slide Below $4,000 as Rising US Inflation, Fed December Hike Bets Pressure Prices On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day

Author TradingKey

Yesterday 02: 00

On November 12, gold prices (XAUUSD) extended their recent losses, falling further below $4,000 in early Asian trading to hit an intraday low near $3,968, marking a third consecutive day

Nvidia slid 7.7% after hours while AMD and Broadcom rose — the AI trade changed hands, it didn't break Nvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.

Author Irene Q.

Yesterday 02: 45

Nvidia closed Wednesday at 173.73, up 2.87%, then fell as much as 8.1% to 159.44 after reports that its board was preparing for a possible leadership change. The same session, the Philadelphia Semiconductor Index rose 5.7% with all 30 components higher, CoreWeave jumped 24.7% on 168% revenue growth, and Micron added 11.9%. If AI demand were being repriced, AMD and Broadcom would not be bid. This is a governance discount on one name, and 204.54 — the 200-day average — is the level that settles it.

Gold closed below $4,000 again — the ETF crowd and central banks stayed, the momentum money left Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.

Author Irene Q.

Yesterday 03: 20

Spot gold is trading near $3,999, its third consecutive lower daily low, after a 5.00% 10-year yield and a 102.85 dollar index raised the odds of a December hike to 87%. But the selling is not coming from the strategic holders: managed-money net longs fell to 324 tonnes, a 21-week low, and Goldman Sachs attributes roughly 95% of five weeks of selling to non-reportable positions. ETFs still hold a record 4,256 tonnes and central banks bought 321 tonnes in Q3. The table below sets the triggers, directions and levels.

Popular Symbols