đ BlackRock-CEO Larry Fink sees potential in Ethereum ETF
đ After the successful launch of the Spot Bitcoin ETF (IBIT), BlackRock CEO Larry Fink expressed that he ârecognizes the valueâ of a Spot Ethereum ETF.
đ BlackRock, the worldâs largest asset manager with $9 trillion in assets under management, filed an application for a Spot Ethereum ETF in November.
đŹ In an interview with CNBC, Fink compared Bitcoin to gold and stressed that Bitcoin has almost reached its maximum amount, which makes it an asset that can provide protection.
âIt is an asset that protects you. And unlike gold, which we constantly reproduce, we are [with Bitcoin & Ethereum] almost at the maximum limit that will ever exist.â
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