“BlackRock Vows To Democratize Crypto Opportunities”
July 28, 2023
“BlackRock Inc. Co-Founder and CEO Larry Fink wants to “democratize” Bitcoin through a spot trading Bitcoin exchange-traded fund (ETF)…
“We believe we have a responsibility to democratize investing. We’ve done a great job, and the role of ETFs in the world is transforming investing. And we’re only at the beginning of that,” Fink said regarding the ETF filing.
BlackRock’s spot Bitcoin ETF application seemed to ignite a surge in cryptocurrencies and prompted numerous similar filings from other asset managers. The initial filing for the iShares Bitcoin Trust did not specify a management fee…”
https://finance.yahoo.com/news/blackrock-vows-democratize-crypto-opportunities-211015770.html
I just want to say that anything that BlackRock does or promotes I find suspicious. All of a sudden they’re pro crypto currency? I highly doubt it.