đ **Bitcoin Gets a Thumbs-Up from BlackRock's Larry Fink!**
- In a recent CNBC interview, BlackRock CEO Larry Fink admitted he was "wrong" about Bitcoin, now dubbing it "digital gold" and a "legitimate" financial instrument. đȘ
- Fink, once a "proud skeptic," changed his tune after studying Bitcoin, highlighting its potential for uncorrelated returns and as a hedge against currency debasement.
- BlackRock's iShares Bitcoin Trust (IBIT) has overtaken Grayscale Bitcoin Trust (GBTC) as the largest Bitcoin ETF, with inflows surpassing $18 billion.
- Bitcoin's price surged, reversing weeks of negative action, buoyed by Fink's comments and other bullish developments.