The imminent presidency of Donald Trump is predicted to boost the value of Bitcoin, according to top executives at BlackRock’s ETF. BlackRock’s Chief Investment Officer for ETF and index instruments, Samara Cohen, believes that relaxed cryptocurrency regulations will spur Bitcoin to another record-breaking year.

She anticipates progress in several areas related to cryptocurrency under the Trump administration, such as the Financial Innovation and Technology for the 21st Century Act (FIT21), stable coins, and general cryptocurrency definitions. Cohen made these comments during a recent appearance on CNBC’s “ETF Edge.”

BlackRock’s own iShares Bitcoin Trust (IBIT) has seen impressive growth under Cohen’s leadership, with an increase of 114% since its launch in January 2024. So far in the year, it has risen nearly 8%. This news comes as Bitcoin briefly surpassed the $100,000 mark earlier this week.

However, Cohen was quick to caution potential investors about the inherent risks in the cryptocurrency market. She emphasized that Bitcoin is a volatile asset and that even a 15% fluctuation is not extraordinary in this context. In the long run, Cohen stated, Bitcoin’s price will be dictated by the rate of its adoption.

BlackRock has further cemented its place in the cryptocurrency world with the official launch of its iShares Bitcoin ETF on CBOE Canada this Monday. The company is not alone in its cryptocurrency endeavors. Other firms like Calamos Investments are also venturing deeper into the crypto sphere. Calamos plans to roll out its Bitcoin Structured Alt Protection ETF next Wednesday – just two days post Trump’s inauguration. This ETF is touted as the world’s first Bitcoin ETF with 100% downside protection.

This information is especially relevant for those considering investing in the cryptocurrency market or have an interest in its development. However, potential investors should be aware of the risks and volatility associated with these investments.