BlackRock (BLK) will not adjust its approach to digital assets after Democrats swept both chambers of Congress in the midterm elections, according to the firm’s head of digital assets.
Robert Mitchnick said the outcome does not alter the asset manager’s product roadmap or its view of investor demand. Asked before the results were known on Nov. 3 whether the election could affect launches or flows, he replied: “Not really, to be honest.”
Mitchnick pointed out that Bitcoin and Ether already operate under much of the regulatory clarity that investment products require, even while broader legislation covering the crypto market remains stuck in Congress. He also argued that wider adoption would gradually turn crypto policy into a matter that…






