BlackRock CEO Larry Fink has changed his mind about Bitcoin, calling it a “legitimate financial asset.” 📉
- Formerly a skeptic, Fink now sees BTC's potential for uncorrelated returns and protection against currency devaluations.
- He compared Bitcoin to digital gold and noted its attractiveness in conditions of geopolitical instability.
- BlackRock plans to make cryptocurrencies more accessible by applying for a Bitcoin ETF.