Gold

Bitcoin

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 BlackRock's CEO Larry Fink recently shared his optimism about the increasing demand for cryptocurrencies like Bitcoin among gold investors.   
 During an <a href="https://www.cnbc.com/video/2023/07/14/watch-cnbcs-full-interview-with-blackrock-ceo-larry-fink.html" rel="noopener noreferrer nofollow">interview</a> on CNBC, Fink highlighted the interest of gold investors in exploring the role of crypto, noting the potential for exchange-traded funds (ETFs) to democratize access to both gold and digital currencies.   
 Fink revealed that over the past five years, there has been a growing number of gold investors inquiring about cryptocurrencies.   
 The recent depreciation of the dollar and the appreciation of digital assets like Bitcoin have sparked interest in international crypto products that can transcend traditional currency limitations.   
 He emphasized that the interest in crypto is broad-based and global, indicating a widespread appeal among investors worldwide.   
 In line with the increasing interest in cryptocurrencies, BlackRock <a href="https://optimisus.com/market/market-news/sec-accepts-blackrocks-bitcoin-etf-application-for-regulatory-review/" rel="noopener noreferrer nofollow">has filed</a> for a spot Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC).   
 Fink stated that if the company's name is associated with a new market, they ensure the safety and security of the investment for their clients.   
 The move showcases BlackRock's commitment to exploring opportunities in the crypto space and providing innovative investment options to its customers.   
 Fink previously emphasized the role of cryptocurrency in "digitizing gold," presenting Bitcoin as an international asset not tied to any specific currency.   
 This characteristic makes it an attractive alternative asset for people seeking diversification beyond traditional financial instruments.   
 By offering exposure to Bitcoin and other digital currencies, investors can access alternative investment avenues that complement their existing portfolios.   
 Strong Financial Performance: In addition to their foray into cryptocurrencies, BlackRock's second-quarter results showcased impressive financial performance.   
 The company reported adjusted earnings per share of $9.28 and generated $4.46 billion in revenue. The substantial growth in assets under management, exceeding $9 trillion, further demonstrates BlackRock's position as a leading asset manager and its ability to adapt to evolving market trends.  
 The post <a rel="noopener noreferrer nofollow" href="https://optimisus.com/news/blockchain-news/blackrock-ceo-larry-fink-confirms-increasing-interest-in-bitcoin-and-ethereum-among-gold-investors/">BlackRock CEO Larry Fink Confirms Increasing Interest in Bitcoin and Ethereum Among Gold Investors</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://optimisus.com">Optimisus</a>.
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BlackRock CEO Larry Fink Confirms Increasing Interest in Bitcoin and Ethereum Among Gold Investors

Optimisus

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