BlackRock CEO Larry Fink said Bitcoin is a legitimate financial asset that should be in every investor's portfolio.
- Fink admitted that his opinion five years ago was wrong.
- BlackRock published results for the second quarter, exceeding analysts' expectations.
- iShares Bitcoin Trust (IBIT) added $4 billion in assets during the quarter.
- Assets under management of the company increased by 13% to $10.6 trillion.