"BlackRock CEO Larry Fink's Bullish Outlook on Bitcoin and Ethereum ETFs"
TL;DR Summary
BlackRock CEO Larry Fink expresses surprise at the explosive growth of spot bitcoin exchange-traded funds, with the firm's iShares Bitcoin Trust ETF pulling in $10 billion in the first few weeks and now nipping at the heels of Grayscale’s Bitcoin Trust. The SEC's approval of spot bitcoin ETFs in January has made it easier for both institutional and Main Street investors to invest in bitcoin, driving gains for the cryptocurrency and rivaling interest in gold. However, some remain skeptical about the value of a bitcoin ETF compared to physically backed assets like gold.
- Bitcoin ETF blowout wows even BlackRock's Larry Fink Fox Business
- BlackRock says bitcoin returns likely to come down now that it has been embraced by Wall Street CNBC
- BlackRock's Fink Says an Ether ETF Is Possible Even if ETH Is a Security CoinDesk
- Ethereum Being Designated a Security Won’t Hurt Chances of Spot ETH ETFs Approval, Says BlackRock CEO Larry Fink The Daily Hodl
- BlackRock CEO Larry Fink “Very Bullish” on Long-Term Prospect of Bitcoin Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
79%
452 → 93 words
Want the full story? Read the original article
Read on Fox Business