Late last week, Larry Fink, CEO of investment firm BlackRock, said on CNBC that bitcoin could eventually become one of the leading assets in the global financial sector.
Moreover, the digital currency is able to surpass even the U.S. dollar in terms of capitalization.
In early July, Larry Fink suggested that BTC should be considered as one of the independent asset classes with gigantic potential. That’s why his company is ready to launch an exchange-traded crypto fund ETF that tracks bitcoin’s performance on the spot market.