BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument’

BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument’

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Source: Coindesk.com

BlackRock's Larry Fink said bitcoin is a legitimate financial asset that everybody should hold. This comes as the asset manager on Monday posted better-than-expected second quarter earnings. BlackRock's iShares Bitcoin Trust (IBIT) added $4 billion in assets during the quarter.

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The post "BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument'" appeared first here Coindesk.com.

Source: Coindesk.com

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