Larry Fink, the head of the world’s largest asset manager, appears to have taken a favourable view towards Bitcoin and the rest of the crypto space. During a sit-down interview with Fox Business’s Charles Gasparino, the Chief Executive of BlackRock shared that having Bitcoin available for investors in an ETF could make it easier to access the capital asset. Furthermore, he linked BTC to digital gold and expressed that this type of tokenizing would innovate the finance sector with new forms of yield security investment.
Additionally, Inc. wants to seek the attentions of their regulators to authorize their gap for the Bitcoin ETF stateside, although, Fink noted that there is no guarantee as to when that will be. His warm outlook is a great contrast to his remarks back in 2017 when he ominously mentioned that BTC was a bridge for money laundering and subterranean trading.
The BlackRock Chief compounded by saying that if he had his own dear way, then the digital asset and crypto markets would have been accessible to many, claiming he would have “democratized them.”
