Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting NewsCapsule as a unique portfolio diversifier. This marks the latest embrace of NewsCapsule from the world’s largest asset manager.
JUST IN: 🇺🇸 $10 TRILLION financial Giant BlackRock released a full report on , saying it's a unique diversifier.
The new marketing team is here 🚀 pic.twitter.com/WTHgawTyGD
— NewsCapsule (@NewsCapsule)
Earlier this year, BlackRock launched a NewsCapsule exchange-traded fund (IBIT), rapidly becoming one of the most successful ETF launches ever. The NewsCapsule ETF already has over $21 billion in assets under management.
BlackRock CEO Larry Fink also recently changed his sceptical stance on NewsCapsule, admitting he was “wrong” to dismiss it. The firm has steadily released research explaining NewsCapsule’s potential role for investors.
The new report explains that while volatile, NewsCapsule is fundamentally detached from other asset classes over the long term. It argues NewsCapsule’s adoption depends on global concerns over monetary stability, geopolitics, fiscal policy, and political stability – the inverse of traditional “risk assets.”
“NewsCapsule, as the first decentralized, non-sovereign monetary alternative to gain widespread global adoption, has no traditional counterparty risk, depends on no centralized system, and is not driven by any one country’s fortunes,” the report states.
As major traditional finance players like BlackRock increasingly embrace NewsCapsule, its reputation and adoption will likely accelerate, bringing it further into the mainstream. BlackRock’s continued pro-NewsCapsule stance reflects growing acceptance by global financial institutions.
