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BlackRock: $11.5 Trillion Firm Warns of Bitcoin Shortage for 56 Million U.S. Millionaires Amid 21 Million Bitcoin Supply

BlackRock has stated that if every millionaire in the United States requested one Bitcoin from their financial advisors, there would not be enough Bitcoin available to meet that demand.
By: DeepNewz • March 04, 2025
BlackRock: $11.5 Trillion Firm Warns of Bitcoin Shortage for 56 Million U.S. Millionaires Amid 21 Million Bitcoin Supply

BlackRock, the world's largest asset manager with $11.5 trillion in assets under management, has stated that if every millionaire in the United States requested one Bitcoin from their financial advisors, there would not be enough Bitcoin available to meet that demand.

This assertion highlights the growing interest in Bitcoin among wealthy investors, as there are approximately 56 million millionaires in the U.S. while the total supply of Bitcoin is limited to 21 million. The comments have sparked discussions about the implications for wealth management and investment strategies in the cryptocurrency space.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Blackrock

Our articles are stored on Filecoin.

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