BlackRock’s Fink Says an Ether ETF Is Possible Even if ETH Is a Security
BlackRock CEO Larry Fink isn’t worried about the U.S. Securities and Exchange classifying Ethereum’s ether as a security.
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Larry Fink
BlackRock CEO Larry Fink isn’t worried about the U.S. Securities and Exchange classifying Ethereum’s ether as a security.
BlackRock Inc (NYSE: BLK) is the world’s largest asset manager with $10 trillion in assets under management (AUM). Now, the … Continue reading
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Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
The CEO of $8.5 trillion asset manager BlackRock (BLK) said “more and more” gold investors have been asking about the role of crypto over the last five years.
BlackRock CEO Larry Fink’s change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that’s categorically different from the core idea behind digital assets, and could push the industry in the wrong direction.