Published by
Benzinga
Larry Fink, the CEO of BlackRock Inc (NYSE:BLK), has expressed support for cryptocurrencies while discussing the asset management firm’s application to list a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: During an interview with Fox Business on Wednesday, Fink emphasized the role of cryptocurrency as “digitizing gold.” Fink said, “Let’s be clear: Bitcoin is an international asset. It’s not based on any one currency, and so it can represent an asset that people can play as an alternative.” Fink further indicated that investors might turn to Bitcoin as a hedge against in…
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