BlackRock’s Larry Fink has delivered fresh remarks supporting crypto’s role in democratizing investing.
Highlights
- Fink: ‘More and more of our global investors are asking us about crypto’ Fink declined to comment on BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) in the U.S.
- Fink said cryptocurrencies have a “differentiating value versus other asset classes” in helping diversify portfolios.
- BlackRock is the world’s largest asset manager, with over $8 trillion in assets spanning all types of investment products.
- Fink has filed for 550 ETF applications and has only been rejected once, according to Bloomberg Intelligence’s Eric Balchunas and James Seyffart.
- Finks: ‘We believe we have a responsibility to democratize investing.
- We’ve done a great job’
Read the original article
Summary Judgement is Here for the Ripple Case