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BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.

BlackRock CEO Larry Fink appears on Fox Business this week to discuss the firm's application for a bitcoin ETF. (Fox Business)
BlackRock CEO Larry Fink appears on Fox Business this week to discuss the firm's application for a bitcoin ETF. (Fox Business)