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🚨 BACKING FROM GIANTS: Rick Rieder from BlackRock projects that Bitcoin will go "significantly higher"
The conviction of heavyweight players on Wall Street continues to come to light. BlackRock's Global Fixed Income Chief Investment Officer, Rick Rieder, stated in an exclusive interview with Bloomberg that he sees massive bullish potential in the long term, emphatically asserting: "I believe Bitcoin will end up going significantly higher." 📈🗣️
The weight of statements in the market:

The raw materials financing director for the Americas, Remko Van de Water, said that the multinational financial services group reviews applications from operators, but that so far it has still not backed raw materials operations in the country.
ING Groep, one of the leading funders of commodity trade, is receiving «many» calls from customers seeking support for deals related to Venezuelan natural resources, as the country resumes its exports after years of U.S. sanctions, according to its new commodities financing director for the Americas.

about the debt
The drop this Monday adds to the wave of sell-offs that have occurred since Venezuela initiated its debt restructuring, with sovereign bonds causing losses of around 6% for investors since mid-May
This Monday, June 22, Venezuelan bonds dropped to their lowest level in the past two months, as investors braced for a highly anticipated review of the country’s debt load and its economic outlook.

for the projects
The extraction of crude from the wells depends on electric motors that are vulnerable to fluctuations in the national power grid's frequency.
Venezuela is looking to ask international energy companies that will develop projects in the country to bring their own power plants to operate their oil and natural gas facilities, protecting them from the frequent blackouts in the country's unreliable power grid.
The new regulations under the Hydrocarbons Law require companies to be self-sufficient in energy generation in oil and gas areas. According to a draft of the regulations, they also consider allowing private companies to supply energy to oil companies. Unlike in the past, companies will need to operate off the power grid to avoid overloading an already fragile electrical system, according to a document that circulated in mid-May and was accessed by Bloomberg.

Introduction
A quiet but powerful shift is happening in global markets. Passive investing where money flows automatically into assets through funds has started to dominate stocks. Now, many analysts believe the same force is beginning to shape Bitcoin.
This matters because markets are no longer driven only by fundamentals or narratives. Increasingly, capital flows themselves are becoming the main driver of price movement.
The Rise of Passive Investing
Passive investing is simple in concept. Instead of picking individual stocks, investors put money into funds that track indexes or predefined strategies. These funds then automatically allocate capital across selected assets.
Over time, this creates a powerful effect. As more money flows into these funds, the same assets keep getting bought again and again. This leads to a situation where inclusion in these systems matters just as much as actual performance.
Data from Bloomberg Intelligence, highlighted by ETF analyst James Seyffart, shows a clear pattern. Stocks that gained passive ownership significantly outperformed others, while those left out struggled. This suggests that being part of the “flow system” is now a major advantage.
Bloomberg Intelligence data shows US stocks with rising passive ownership returned up to 224.8% over three years, while those losing passive ownership fell 41.4%.
Bitcoin Is Following the Same Path
The turning point for Bitcoin came when the U.S. Securities and Exchange Commission approved spot Bitcoin ETFs in 2024. This decision changed how institutional investors access Bitcoin.
Before ETFs, investing in Bitcoin required technical knowledge wallets, private keys, and custody solutions. Now, Bitcoin can be bought just like a stock through traditional brokerage accounts. This simple change has opened the door to massive institutional capital.
Large asset managers like BlackRock have played a major role in this transition. Their Bitcoin ETF has attracted billions of dollars, showing strong demand from institutions. Overall, tens of billions in inflows have already entered the market through these products.
The Power of Allocation
What makes this shift even more important is how institutions think. They don’t trade frequently or chase hype. Instead, they allocate small percentages of their portfolios to different assets.
For example, when a firm decides to allocate just 1-2% of its portfolio to Bitcoin, that decision alone can move billions of dollars into the market. Once allocated, these positions are often held for long periods, creating steady and predictable demand.
This is very different from retail-driven markets. It introduces a more structured and consistent flow of capital, which can gradually push prices higher without the need for constant speculation.
A Market Driven by Flows
Bitcoin is slowly transforming into what analysts call a “wrapper asset.” This means it is no longer accessed directly by most investors but through financial products like ETFs.
This wrapper makes Bitcoin easier to buy, easier to hold, and easier to include in traditional portfolios. As a result, it becomes part of the broader financial system rather than a separate niche asset.
In such an environment, price movements depend less on short-term news and more on ongoing capital flows. If money keeps entering Bitcoin ETFs, the market can maintain upward pressure even without major headlines.
Two Possible Outcomes
The future path of Bitcoin now depends heavily on macroeconomic conditions. If inflation continues to cool and interest rates remain stable, institutional investors are likely to keep allocating capital. In that case, Bitcoin could move toward higher price ranges, supported mainly by steady inflows.
However, the same system can work in reverse. If inflation rises again and interest rates increase, investors may reduce exposure to risk assets. ETF outflows can happen quickly, and because these flows are large, they can push prices down just as fast as they pushed them up.
This creates a market where Bitcoin behaves more like a traditional macro asset reacting to economic data, central bank decisions, and overall risk sentiment.
A two-path chart maps Bitcoin's ETF machine as either a structural bid reaching $88,000-$105,000 or a sell mechanism pushing toward $60K–$72K.
What This Means for Crypto
As Bitcoin absorbs more institutional capital, it strengthens its position at the top of the crypto market. Meanwhile, smaller cryptocurrencies may struggle to attract the same level of structured investment.
This could lead to a wider gap between Bitcoin and the rest of the market. While Bitcoin benefits from steady, passive inflows, other assets may remain dependent on speculation and short-term interest.
Final Thoughts
Bitcoin is entering a new phase one shaped by institutional access and passive investment flows. This shift brings both stability and new risks.
On one hand, consistent inflows can support long-term growth. On the other, large-scale outflows can create sharp declines. The key difference is that the market is becoming more structured, more connected to traditional finance, and more influenced by global economic conditions.
In simple terms, Bitcoin is no longer just a speculative asset. It is becoming a standard part of modern investment portfolios and that changes everything.
#BTC #Bloomberg #PassiveIncome #BinanceSquareFamily