<ul><li>Larry Fink, CEO of BlackRock, stated that Bitcoin is a legitimate financial instrument.</li><li>Fink was previously critical of Bitcoin, calling it an 'index of money laundering' seven years ago.</li><li>In a recent interview, Fink expressed his belief that Bitcoin provides uncorrelated returns and has a role in investment portfolios.</li><li>BlackRock's change in stance on Bitcoin came in 2023 when they disclosed plans to launch Bitcoin spot ETF products.</li></ul>

BlackRock CEO says “Bitcoin is a legitimate financial instrument”

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