🌐 From skepticism to belief: Larry Fink's big change in Bitcoin! 🔑
The next news to talk about is that Larry Fink, CEO of BlackRock, published a series of interviews on Bitcoin on CNBC.
There are several key points in this interview:
1. Larry Fink said that Bitcoin is a legal financial instrument and everyone should hold it.
2. The interview took place after BlackRock announced that its second-quarter financial report was better than expected.
3. BlackRock's Bitcoin spot ETF, iShares Bitcoin Trust (IBIT), welcomed an inflow of US$4 billion in the second quarter.
It is reported that this interview was conducted by well-known market commentator Jim Cramer. He started by teasing Larry Fink, "Didn't you not support Bitcoin before?"
Larry Fink replied, "My idea five years ago was completely wrong. After spending a lot of time studying Bitcoin and cryptocurrencies, he believes that Bitcoin will definitely exist in the future financial world."
He also said, "He believes that Bitcoin is one of the most important and formal financial instruments."
As for BlackRock Bitcoin Spot ETF, from January to now, a total of $18 billion in funds have flowed in. In addition, it can be seen that BlackRock's total assets now exceed $10.6 trillion, which is 13% higher than expected.
In addition, Fink said that he believes Bitcoin is a very good tool. Today, if you have panic and uncertainty, Bitcoin has become a very good tool.
Then, Larry Fink also mentioned a very critical point: If you don't trust your country's policies and financial strategies today, investing in Bitcoin has become the only way out.
We know that especially in countries with severe inflation, such as Argentina and Turkey, holding Bitcoin can become a key asset to protect your purchasing power.
Finally, Fink concluded that he believes that Bitcoin assets are something that everyone must seriously study and think about. In other words, Bitcoin can be an excellent investment option for any investor.
In this in-depth conversation about Bitcoin, do you agree with Larry Fink's point of view?Tell us your reasons in the comments section!
