Bitcoin (BTC-USD) is approaching an all-time high, driven by the post-election rally and the SEC's approval of spot ETF options for the NYSE and Nasdaq (IXIC).

Yahoo Finance’s Julie Hyman joins Catalysts co-hosts Seana Smith and Madison Mills to share insights from her interview with BlackRock’s Robert Mitchnick, who attributes bitcoin’s recent success to ETF inflows.

A key takeaway from Mitchnick, Hyman notes, is that while bitcoin may be drawing attention, it remains a risky investment but not a risk-on asset.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Cindy Mizaku.