{"id":81314,"date":"2023-07-06T10:19:25","date_gmt":"2023-07-06T07:19:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81314"},"modified":"2025-09-11T22:07:21","modified_gmt":"2025-09-11T19:07:21","slug":"blackrock-ceo-calls-bitcoin-an-international-asset","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrock-ceo-calls-bitcoin-an-international-asset\/","title":{"rendered":"BlackRock CEO calls Bitcoin an &#8216;international asset&#8217;"},"content":{"rendered":"<p>BlackRock CEO Larry Fink said that investors can buy Bitcoin to hedge against inflation instead of precious metals.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/cX4FvW_Ph_s\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe role of cryptocurrencies, in many respects, is to digitize gold,\u201d he added.<\/p>\n<\/blockquote>\n<p>In his view, Bitcoin represents an \u2018international currency\u2019. He also admitted that he was initially skeptical about the idea of digital assets, but later changed his mind.<\/p>\n<p>On June 15, BlackRock <a href=\"https:\/\/u1f987.com\/en\/news\/blackrock-files-for-bitcoin-etf-launch\">filed<\/a> a spot Bitcoin-<a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETF<\/a> with the SEC. Fink said he was willing to work with the agency and to hear the agency&#8217;s concerns about the product.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe have a good track record with our regulators, and we are trying to ensure that we are thinking about all the issues related to our filing,\u201d added the BlackRock CEO.<\/p>\n<\/blockquote>\n<p>Following the financial giant&#8217;s move, ETF applications were filed by <a href=\"https:\/\/u1f987.com\/en\/news\/valkyrie-seeks-to-register-a-spot-bitcoin-etf\">Valkyrie<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/fidelity-investments-files-for-spot-bitcoin-etf\">Fidelity Investments<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/wisdomtree-and-invesco-file-applications-to-launch-bitcoin-etfs\">WisdomTree and Invesco<\/a>. In the SEC&#8217;s filing list <a href=\"https:\/\/u1f987.com\/en\/news\/sec-to-review-ark-invests-spot-bitcoin-etf-filing-ahead-of-blackrock\">ARK Invest c 21Shares have priority<\/a> based on when they were submitted.<\/p>\n<p>According to Fink, his company is trying to make cryptocurrency \u2018more democratic\u2019 and \u2018cheaper\u2019 for investors.<\/p>\n<p>Earlier, Gemini co-founder Cameron Winklevoss <a href=\"https:\/\/u1f987.com\/en\/news\/cameron-winklevoss-calls-secs-rejection-of-spot-bitcoin-etfs-a-catastrophe\">criticized<\/a> the SEC for denying approval of spot Bitcoin ETFs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock CEO Larry Fink said that investors can buy Bitcoin to hedge against inflation instead of precious metals.<\/p>\n","protected":false},"author":1,"featured_media":81315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,1138,1211],"class_list":["post-81314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-opinions","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81314"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81314\/revisions"}],"predecessor-version":[{"id":81316,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81314\/revisions\/81316"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81315"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}