๐ Bitcoin ETFs are heating up! At Bitcoin2024, BlackRock's digital asset head, Robert Mitchnick, revealed that client demand is driving the surge. Even BlackRock CEO Larry Fink, once a crypto skeptic, now calls Bitcoin "digital gold." ๐ช
Mitchnick credits Fink's deep dive into financial history and technology for the change. With institutional infrastructure in place, crypto is "here to stay."
James Seyffart noted Bitcoin ETFs are among the most successful launches ever, with 20-25% of BlackRock's revenue this year from the iShares Bitcoin Trust.
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