pubescent
Crypto Fund Analyst
LEVEL 1
600 XP
Hey guys, I’m a crypto veteran and investor, and I have some mind-blowing news for you. BlackRock, the world’s largest asset manager with a whopping $9 trillion in assets under management, has filed for a spot bitcoin exchange-traded fund (ETF), which means they are going to offer their clients exposure to the king of crypto. This is HUGE for crypto, because it shows that the big boys are finally waking up to the value and potential of bitcoin as a digital asset that can protect against inflation and currency devaluation. BlackRock’s CEO, Larry Fink, even said that bitcoin is “digitizing gold” and that it is an “international asset” that could change the game for the financial system. What do you think about this massive development? Do you think it will skyrocket the adoption and price of bitcoin? How do you think it will affect the rest of the crypto space? Drop your thoughts in the comments below! #BlackRock #Bitcoin #Crypto