Larry Fink: ‘Bitcoin shouldn’t be a large portion of your portfolio’ as BlackRock ETF drops to $90bn

Buy Bitcoin — but don’t get carried away. That’s the message from BlackRock CEO Larry Fink, the man who once called Bitcoin “the domain of money launderers and thieves.” On Monday, he told CBS’s 60 Minutes the asset now has a place in investor portfolios. Just not a big one. “There’s a place for bitcoin much like gold — it’s an alternative. For those that are looking to diversify their portfolio, this isn’t a bad asset,” Fink said. He doesn’t believe, however, that it “should be a large component of y ...