Discussion on rise of cryptocurrencies, Bitcoin dominance, need for regulation, and institutional investor perspective.

From Morningstar: 2025-06-25 04:40:00

Stephen Margaria, a manager research analyst at Morningstar Research Services, discusses the rise of cryptocurrencies with Robert Mitchnick, head of digital assets at BlackRock. Bitcoin is seen as an emerging global monetary alternative, representing 70% of the market cap in the crypto space. Mitchnick emphasizes the need for regulation to prevent bad actors and episodes in the industry. Institutional investors are still grappling with understanding crypto’s portfolio behavior and diversification benefits. Regulatory changes and education are key factors in broader adoption of cryptocurrencies by institutional investors.



Read more at Morningstar: Video: Bitcoin and Beyond: What Investors Should Know