Larry Fink, CEO of BlackRock, the world’s largest asset manager with $8.5 trillion in assets under management, is bullish on Thursday, saying demand for crypto assets is growing among gold investors. showed attitude.
Fink appeared on CNBC after the announcement of the second quarter results, saying that “more” gold investors have been asking about the role of crypto assets in the last five years, and that he has democratized access to gold. Similarly, he emphasized the role of ETFs (Exchange Traded Funds) in crypto assets.
“If you look at the value of the dollar, how it has fallen in the last two months and how it has risen in the last five years… international crypto products can transcend that,” he said.
“That’s why we believe there’s a huge opportunity, and that’s why there’s more and more interest. The interest is broad and global.”
BlackRock filed for a physical Bitcoin ETF in June. In doing so, it included a monitoring sharing agreement that could be the deciding factor in finally approving the ETF after the Securities and Exchange Commission (SEC), which has rejected dozens of applications in recent years. There is
“If any new market bears the BlackRock name, we will ensure it is safe, sound and protected,” Fink added.
｜Translation: CoinDesk JAPAN
｜Editing: Takayuki Masuda
｜Original: BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors