BlackRock CEO Larry Fink remains confident in Bitcoin's long-term growth, regardless of the U.S. election results. He described Bitcoin as a “new asset class” that could serve as an alternative to gold and other commodities. Fink also highlighted the potential of Ethereum within this context.
BlackRock is currently advising financial institutions worldwide on integrating digital assets. Fink likened the evolution of cryptocurrencies to the early stages of the mortgage market, which started slowly but expanded significantly with the introduction of new financial products.
Notably, BlackRock ranks among the largest Bitcoin holders. Could this signal a bullish outlook?
