BlackRock CEO: Bitcoin itself is a type of asset class, currently discussing its allocation issues with global institutions
Bloomberg ETF analyst Eric Balchunas shared a complete quote from BlackRock CEO Larry Fink about Bitcoin/digital assets on the third quarter earnings call. Fink stated that Bitcoin itself is an asset class, and they are discussing allocation issues with global institutions. These assets remind him of the early stages of the mortgage market (currently valued at 11 trillion dollars).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banxico: Flexible stance with upside risks – Rabobank
Planet Ventures CEO Etienne Moshevich resigns
India Relaxes Asset Management Rules: Portfolio Management Industry Approved for Overseas Investment and Short Selling Stocks for the First Time
Indian regulators announced on Thursday that they will allow the country’s $463 billion portfolio management industry to invest in overseas securities for the first time and to conduct short-selling in stock options. This move opens up new channels for India’s wealthy class to access global markets and holds significance for AI-related assets, which have attracted strong investor interest. Additionally, India will launch new portfolio management products with lower investment thresholds.

Waldencast Files to Delist Shares, Warrants From Nasdaq
