Larry Fink, CEO of BlackRock, the world’s largest asset manager, made a statement about Ethereum (ETH) and cryptocurrency.
from the U.S. Securities and Exchange Commission on Wednesday night. (SEC) approved 11 spot Bitcoin ETFsLarry Fink, CEO of BlackRock, which owns one of the companies, made new statements.
In his statements to Reuters, Fink said that he sees Bitcoin and cryptocurrencies as an asset class, not a currency. The CEO also applied in early November iShares Ethereum Spot ETFHe also made a statement regarding:
I think the Ethereum ETF is also valuable.
Larry Fink also stated that among Bitcoin ETFs, BlackRock has 40% of the total flow.
BlackRock’s iShares Bitcoin Trust ETFled other funds yesterday. iShares Bitcoin ETF, total realized on first trading day $4.6 billion pulling most of the volume 1 billion dollars had exceeded it.