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BlackRock CEO Larry Fink Embraces Bitcoin as Core Asset

  • BlackRock CEO Larry Fink describes Bitcoin as a 'core asset class' during the Q3 earnings call.
  • Fink highlights Bitcoin's role as an alternative to traditional assets like gold and as a hedge against inflation and economic instability.
  • BlackRock's involvement in the Bitcoin space, including their Bitcoin ETF application, indicates growing institutional interest.
  • Fink also acknowledges Ethereum's potential in transforming sectors like decentralized finance and smart contracts.

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