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Blackrock CEO: HUGE Bitcoin & Crypto News!
The CEO of the most powerful company in the entire world - Blackrock - just revealed how bullish he is on not just Bitcoin, but the entire cryptocurrency space in his latest interview.
In case you haven’t seen him before - Larry Fink is the CEO of asset manager BlackRock and if you don’t know BlackRock just know they are the company that essentially owns the entire world.
BlackRock is the largest asset manager in the entire world, with over $10 Trillion dollars under management, they are invested in essentially every single company you have ever heard of.
Now just recently, BlackRock announced that they are entering into the crypto arena by applying with the SEC for a spot Bitcoin ETF. Now many other companies have applied and been rejected for a spot Bitcoin ETF but BlackRock is different.
Blackrock and the SEC have a very close working relationship. In fact, of all of Blackjacks ETF applications - they have had 575 approved and only 1 rejected. So the odds are in favour of an approval. And I cannot understate just how huge a spot Bitcoin ETF approval would be for the crypto market.
A spot Bitcoin ETF would essentially open the floodgates for capital to enter the market, allowing huge institutions and sophisticated investors to get exposure to BTC.
In his latest interview, Larry Fink broke his silence on what he thinks of Bitcoin and Crypto in general & his thoughts on his companies chances are getting their Bitcoin ETF approved.
Make sure you stick around to the end of the video, because my jaw literally hit the floor listening to the CEO of the world’s most powerful company talk about how bullish he is on Bitcoin and blockchain in general.
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