BlackRock's Mitchnick: Over 90% of Bitcoin ETF Holders Are Long-Term Accumulators

More than 90% of Bitcoin ETF investors are focused on long-term accumulation, BlackRock digital assets head Robert Mitchnick told CNBC. Most ETF participants follow a steady buy-and-hold approach, with retail investors typically buying the dip and financial advisors and institutions also displaying long-term conviction, Mitchnick said. Short-term trading activity is concentrated among a relatively small subset of investors, while the broader base continues to prioritize gradual accumulation, reflecting sustained confidence in Bitcoin.