If You Invested $100 In Bitcoin When BlackRock's Larry Fink Called It 'An Index Of Money Laundering' Here's How Much You'd Have Now
Portfolio Pulse from Mehab Qureshi
BlackRock has filed an application with the SEC to launch a publicly traded Bitcoin ETF, the iShares Bitcoin Trust, with Coinbase Custody Trust Co. as its custodian partner. This comes after BlackRock CEO Larry Fink's 2017 comment calling Bitcoin an 'index of money laundering'.
June 16, 2023 | 2:25 pm
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BlackRock's move to launch a Bitcoin ETF signals a shift in the company's stance on cryptocurrencies, potentially attracting more investors.
BlackRock's decision to launch a Bitcoin ETF indicates a change in the company's perception of cryptocurrencies. This move could attract more investors to BlackRock's offerings, as it shows the company is adapting to the evolving financial landscape and embracing digital assets.
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