Bitcoin ETF blowout wows even BlackRock's Larry Fink
BlackRock(BLK) Fox Business·2024-03-29 10:12
Blackrock CEO Larry Fink, who oversees $10 trillion, running the world’s largest asset manager, is no stranger to things being big. Still, the explosive growth of spot bitcoin exchange-traded funds, especially the firm’s, caught even the seasoned Wall Street executive off guard. "I am very bullish on the long-term viability of bitcoin," he said Wednesday during an interview on "The Claman Countdown." The cryptocurrency has been climbing and hit a fresh all-time high of $71,000 this week. "That surprised me ...