๐ **BlackRock CEO Does a 180 on Bitcoin!** ๐
Larry Fink, CEO of the $10.6 trillion asset management giant BlackRock, just admitted he was "wrong" about Bitcoin! Once a skeptic, Fink now hails Bitcoin as "digital gold" and a "legitimate" financial instrument. ๐ช
In a CNBC chat with Jim Cramer, Fink confessed his change of heart, citing Bitcoin's potential for uncorrelated returns and its appeal during economic uncertainties.
BlackRock's iShares Bitcoin Trust (IBIT) has even overtaken Grayscale Bitcoin Trust as the world's largest Bitcoin ETF, with inflows topping $18 billion this year!
Bitcoin's price is on a roll, rising for four straight days! ๐
What do you think of Fink's Bitcoin U-turn? Share your thoughts below! ๐ฌ