📉 Although BlackRock CEO Larry Fink has had a critical attitude towards Bitcoin in the past, he now approaches the cryptocurrency from a different perspective and aims to make the largest cryptocurrency cheaper and accessible for investors.
- Fink, who is hopeful that the SEC will approve the Bitcoin ETF application, mentioned in his statements that BlackRock has a good track record in getting its applications approved.
- BlackRock CEO stated that the company aims to "more democratize" Bitcoin and cryptocurrencies, making it currently expensive to invest in BTC.
- The $9 trillion asset management company filed with the SEC for a Bitcoin ETF, and other major players such as Invesco and Fidelity followed closely.