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    • BLACKROCK CEO CONTINUES TO PRAISE BITCOIN

    CoinstrategistsJuly 17, 2024
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    In an interview on CNBC on July 15, BlackRock CEO Larry Fink praised Bitcoin and said it is an investment that should be in a personal portfolio.

    Mr. Fink said he used to be skeptical about Bitcoin, but has now completely changed his mind about this currency. He stated:

    “He said if investors are concerned about government devaluation through inflation, Bitcoin helps them regain control of their finances and is a useful investment when financial markets are unstable. “

    Mr. Fink reiterated his previous point, likening Bitcoin to “digital gold”.

    BlackRock, one of the leading financial institutions on Wall Street, was approved to create a Bitcoin spot ETF in January this year and currently holds the largest BTC ETF with an asset value of up to 18.2 billion USD.

     

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    Disclaimer: The information in the article does not constitute investment advice from Coinstrategists. Cryptocurrency investment activities are not recognized and protected by the laws of some countries. Digital currencies always pose many financial risks.

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