BlackRock CEO Larry Fink called Bitcoin “digital gold” live on CNBC
•He said that he was mistaken for 5 years, being skeptical about Bitcoin, but studied the issue and is now an outspoken supporter.
•According to Fink, Bitcoin is a full-fledged financial asset with protection against the risks of depreciation, especially in countries with high inflation. Bitcoin has a place in financial portfolios.
•Fink believes there are still many who are missing out and do not understand Bitcoin as an asset.
BlackRock's Bitcoin ETF manages $18.3 billion worth of cryptocurrency.
