BlackRock CEO Larry Fink has revised his stance on Bitcoin, likening it to gold as an alternative asset. In an interview with CBS, Fink stated that while Bitcoin is not a bad asset, it should not dominate an investment portfolio. He also revealed that half of the demand for BlackRock's Bitcoin ETF comes from retail investors, with 75% of these investors having never previously purchased iShares products.
BlackRock CEO Larry Fink Reassesses Bitcoin, Compares It to Gold
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