According to @CoinMarketCap, BlackRock head of digital assets Robbie Mitchnick said on the Coin Stories Podcast that most BlackRock clients primarily view Bitcoin (BTC) as digital gold, while its global payments use case remains more speculative. Source: @CoinMarketCap. For traders, this indicates institutional demand is concentrated in store-of-value exposure to BTC rather than payment-adoption themes, favoring strategies aligned with the digital-gold narrative. Source: @CoinMarketCap. Monitor BTC’s reaction to store-of-value narratives versus payments headlines, as the institutional stance highlighted here may influence near-term demand drivers and positioning. Source: @CoinMarketCap.