Larry Fink, CEO of BlackRock, admits being wrong about Bitcoin and calls it "digital gold" and "legitimate financial instrument" 🌟
- Fink used to be a skeptic but changed his opinion after researching BTC.
- He emphasized that BTC can provide uncorrelated returns and is an investment choice when concerned about currency inflation.
- BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Grayscale Bitcoin Trust (GBTC) to become the world's largest Bitcoin investment fund.
- BTC has the potential to support income-focused investors such as retirees.
- Data from CoinShares shows that BTC recorded its fifth week with the highest investment volume, with more than $1.35 billion.
BTC has increased in price for 4 consecutive days, surpassing the $60,000 mark. What do you think about the future of BTC? Comment! 🚀#Bitcoin#CryptoNews #Blockchain