🚀 Bitcoin ETFs are gaining steam! At Bitcoin2024, BlackRock's Robert Mitchnick revealed that client demand is driving the surge. Even BlackRock CEO Larry Fink, once a crypto skeptic, now calls Bitcoin "digital gold." 🪙
Mitchnick credits Fink's deep dive into financial history and geopolitics for his change of heart. With institutional-grade infrastructure and regulatory clarity, crypto is here to stay.
BlackRock's iShares Bitcoin Trust (IBIT) is now their second most successful product. Wealth advisory platforms are slowly catching up, with many accelerating their efforts. Stay tuned!