Friday, December 13, 2024

Tag: BlackRock CEO celebrates SEC acceptance of Bitcoin ETF application

BlackRock CEO celebrates SEC acceptance of Bitcoin ETF application, says crypto “will transcend international currencies”

by Ethan Huff, Natural News:

The head of the world’s largest asset manager has changed his mind on cryptocurrencies like Bitcoin, which he opposed in 2017 but supports today.

Larry Fink, CEO of BlackRock, is making the media rounds in support of cryptos, arguing that they can “democratize” finance while “digitizing gold.” With United States regulators now considering the creation of an ETF directly linked to Bitcoin, Fink is suddenly all about cryptos, which he says have the potential to “revolutionize” finance.