BlackRock CEO: Bitcoin itself is a type of asset class, currently discussing its allocation issues with global institutions
Bloomberg ETF analyst Eric Balchunas shared a complete quote from BlackRock CEO Larry Fink about Bitcoin/digital assets on the third quarter earnings call. Fink stated that Bitcoin itself is an asset class, and they are discussing allocation issues with global institutions. These assets remind him of the early stages of the mortgage market (currently valued at 11 trillion dollars).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 22,700 SOL transferred from Wintermute to an exchange, worth approximately $3.05 million
Divergence over the Fed's rate cut path intensifies, meeting minutes may clarify direction
Bitget to adjust TNSRUSDT perpetual contract funding rate interval