29-03-2024, 09:11 AM
Larry Fink, the chief executive of Blackrock, the world’s largest asset manager, reiterated his bullish stance on bitcoin in a Fox Business interview Wednesday. Blackrock launched its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), in early January after the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs.
Fink affirmed:
I’m very bullish on the long-term viability of Bitcoin.
“We’re creating now a market that has more liquidity, more transparency, and I’m pleasantly surprised and I’d never have predicted it before we filed it that we were going to see this type of retail demand,” he described.
Fink affirmed:
I’m very bullish on the long-term viability of Bitcoin.
“We’re creating now a market that has more liquidity, more transparency, and I’m pleasantly surprised and I’d never have predicted it before we filed it that we were going to see this type of retail demand,” he described.