Bitcoin’s macro case is strengthening even as regulation takes a back seat, says BlackRock’s digital assets head

BlackRock’s digital assets head says the macro case for Bitcoin is strengthening even as regulatory activity has slowed, reflecting growing institutional interest and demand for macro-hedge exposure. He notes that factors like inflation hedging, interest-rate dynamics and ETF flows are becoming the primary drivers rather than regulatory catalysts. The implication for Bitcoin is that price action and adoption will increasingly track macroeconomic conditions and institutional flows, supporting continued maturation but also greater sensitivity to macro shocks.