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BlackRock CEO: Bitcoin itself is a type of asset class, currently discussing its allocation issues with global institutions

BlackRock CEO: Bitcoin itself is a type of asset class, currently discussing its allocation issues with global institutions

Bitget2024/10/15 00:12

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).

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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.

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