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BlackRock Highlights Bitcoin’s Unique Properties as Approved IBIT Options Could Cement Risk-Off Status

BlackRock's latest report shows that bitcoin has a very low correlation to U.S. equities on a trailing six-month basis.

By James Van Straten|Edited by Parikshit Mishra

Updated Sep 27, 2024, 10:17 a.m. Published Sep 27, 2024, 9:51 a.m.

Chart of BTC, S&P 500 and Gold performance since Aug. 5. (TradingView)