💬 BlackRock CEO Larry Fink called Bitcoin "digital gold" live on CNBC
He said that for 5 years he was mistaken, being skeptical about Bitcoin, but he studied the matter and is now an open supporter.
💸 According to Fink, Bitcoin is a full-fledged financial asset with protection against devaluation risks, especially in countries with high inflation. Bitcoin has a place in financial portfolios.
Fink believes that many still miss and do not understand Bitcoin as an asset.
💵 BlackRock's Bitcoin-based ETF manages $18.3 billion worth of cryptocurrency.