Bitcoin is still at the beginning of its journey in the financial market, says BlackRock

Source: PortaldoBitcoin Original Title: Bitcoin Still in the Early Stages of Its Journey in the Financial Market, Says BlackRock Original Link: The growth of cryptocurrency ETFs in the United States is reshaping how traditional investors approach Bitcoin and Ethereum, according to executives and analysts in the financial market. During a discussion program about ETFs, industry representatives highlighted that despite the rapid growth of these products and the massive influx of institutional capital, the adoption process is still in its early stages.

One of these representatives is Jay Jacobs, head of ETFs at a major asset manager, who stated that the movement observed so far represents only the beginning of Bitcoin’s trajectory within the traditional financial system.

According to Jacobs, even after raising tens of billions of dollars since the launch of Bitcoin ETFs, the market is still in the initial stages of a broader financial education process. He emphasized that many investors and advisors have only recently gained regulated access to crypto assets through ETFs, significantly expanding the interested audience.

For the executive, today’s discussion goes beyond simple exposure to Bitcoin’s price and involves understanding how this asset can fit into a diversified portfolio, how it behaves in different market cycles, and what role it might play alongside stocks and fixed-income securities.

Asset managers have become the main institutional gateways to the crypto market, launching ETFs focused on Bitcoin and Ethereum, reinforcing the strategy of offering direct exposure to the largest cryptocurrencies through structures familiar to traditional investors.

The rapid adoption of these products has helped legitimize the crypto ETF segment in the United States, especially after regulatory approval paved the way for these vehicles. By the end of last year, ETFs of other cryptocurrencies, such as Solana and XRP, were also launched.

Confidence Despite Volatility

Analysts observe that investor behavior in these ETFs signals a significant change compared to the past. Even in a year marked by volatility in Bitcoin’s price, the products continued to record strong resource inflows, indicating a level of confidence and long-term commitment from investors and advisors.

In the view of experts, those using ETFs to access cryptocurrencies tend to treat this exposure as a strategic alternative allocation, rather than a short-term tactical bet, remaining invested even amid sharp fluctuations.

This pattern reinforces the idea that the “democratization” of access promoted by ETFs has expanded the investor base beyond the native crypto audience. The regulated, exchange-traded structure integrated into traditional platforms would have reduced operational and psychological barriers, allowing more investors to consider Bitcoin and Ethereum within a broader portfolio logic.

For experts, despite the already significant volume and visibility achieved, the cryptocurrency ETF market is still far from full maturity. The challenge now is less about launching new products and more about education, integration, and understanding the role of these assets in different economic scenarios.