# BTCHedge

BlackRock Gives Strong Support to Bitcoin: “Non-Sovereign Global Decentralized Asset”
✨ Jay Jacobs, Head of BlackRock US Equity ETFs, described Bitcoin as a non-sovereign global decentralized asset that adds real value to portfolios.
✨ “Bitcoin is governed by its own rules, which gives it a significant advantage against geopolitical or inflationary risks,” he said.
✨ He emphasized that “Bitcoin’s value will increase as we see more currency devaluations, rising government debt, and increased demand for cross-border asset transfers.”
✨ These statements clearly demonstrate BlackRock’s view of Bit