Cryptocurrency24 Mar 2026SEO 801 min read

Analysis: BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades

The asset management giant's Robbie Mitchnic said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exp…

The asset management giant's Robbie Mitchnic said clients are focused on bitcoin, ether and only a few other tokens, and aren't looking for broad exposure. Rather, they see opportunity for crypto in artificial intelligence. BlackRock’s head of digital assets, Robbie Mitchnick, said institutional investors are increasingly concentrating on bitcoin and ether, viewing most other tokens as short-lived and largely “nonsense.” Mitchnick argued that artificial intelligence is a more powerful…

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