A top executive at BlackRock, the world’s largest asset manager overseeing $11.5 trillion in assets, has made a strong case for Bitcoin’s superior upside potential compared to gold.
Speaking at a recent event, the Managing Director of BlackRock emphasized that while both assets serve as macro hedges, Bitcoin offers a distinctly modern edge.
“Bitcoin Has Much Higher Upside—and Lower Downside”
The executive highlighted that both gold and BTC share core investment characteristics: they are global, scarce, decentralized, and free from centralized systemic risk. These shared traits are what continue to draw investors seeking long-term value protection and diversification.
However, Bitcoin’s digital-native design offers advantages that gold simply cannot match.
“Bitcoin is efficient to store, can be transferred globally in near real-time, and at near-zero cost,” the executive said. “It has some significant advantages. I think there’s no question Bitcoin has much higher upside than gold—and lower downside.”
Bitcoin and Gold Are Not Zero-Sum
Rather than pitting the two assets against each other, the BlackRock executive noted that many investors are now diversifying into both. In fact, portfolio rebalancing between Bitcoin and gold is becoming increasingly common.
“Some investors who were 100% in gold are now shifting to 80/20 or even 50/50 gold and Bitcoin. We’re seeing a broadening of this hedge category, not a narrowing.”
This trend supports the idea that Bitcoin and gold, though similar in their macro theses, offer different “flavors” for investors—especially in a world where digital transformation is accelerating.
Institutional Validation Continues
The remarks mark yet another major institutional endorsement of Bitcoin, reinforcing the growing narrative that BTC is becoming an essential portfolio component—not just for retail, but for institutional capital. As traditional asset managers embrace Bitcoin’s role as a hedge against inflation and geopolitical uncertainty, its case as “digital gold” only strengthens.
With BlackRock already playing a central role in the Bitcoin ETF landscape, the Managing Director’s comments signal continued momentum from Wall Street’s biggest players toward broader crypto adoption.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/blackrock-executive-bitcoin-has-far-more-upside-than-gold/