BlackRock CEO: Inflation concerns will help push BTC to $700,000
BlackRock CEO Larry Fink said Bitcoin could reach $700,000 per coin, citing its growing role as a hedge against economic instability.
JinseFinanceBlackRock CEO Larry Fink said Bitcoin could reach $700,000 per coin, citing its growing role as a hedge against economic instability.
JinseFinanceWhile many leading asset managers launched spot Bitcoin ETF products and trading in January, Vanguard has resisted.
JinseFinanceOn March 29, BlackRock CEO Larry Fink was “pleasantly surprised” by the performance of the Bitcoin ETF and once again emphasized his “very optimistic” attitude towards Bitcoin’s long-term viability.
JinseFinanceWe do believe that if we can create more tokenization of assets and securities, which is what Bitcoin does, it can disrupt finance.
JinseFinanceThe legendary CEO of BlackRock, the world's largest asset management company, said in an interview that "Bitcoin is digital gold" and "Ethereum ETFs are very valuable. These are just stepping stones towards tokenization. I really believe this is where we are going." place" and other topics.
JinseFinanceBlackrock's aggressive fee reduction in the competitive ETF market sets a benchmark, but uncertainties surrounding SEC approval pose challenges. As the industry strives for lower fees, the outcome of the SEC's investigation will play a pivotal role in shaping the future landscape of spot Bitcoin ETFs.
Cheng YuanBlackRock’s proposed spot bitcoin ETF misses the opportunity to deploy those funds on the Lighting Network and earn non-custodial yield by providing payments infrastructure, Amboss CEO Jesse Shrader told The Block. BlackRock has the opportunity to disrupt not only gold but also payment processors like Visa, Mastercard and American Express, Shrader said.
TheBlockFink likened crypto to “digitizing gold” and outlined bitcoin as an “international asset” that could serve as a hedge against inflation.
cryptopotatoThe company has filed an application to launch the first spot Bitcoin Exchange Traded Fund (ETF), which is currently pending approval from the U.S. Securities and Exchange Commission (SEC).
Coinlive Celsius Network CEO Alex Mashinsky shared his insights on the Bitcoin and Ether markets at Paris Blockchain Week Summit.
Cointelegraph