BlackRock CEO Larry Fink shared his views on a number of topics, including Bitcoin, the economy and education reform, in a recent interview with Fox Business’ Charles Gasparino.
Fink expressed his belief in Bitcoin’s potential as a long-term store of value, especially for those who fear the devaluation of their currencies by governments. Comparing BTC to “digital gold,” Fink drew attention to the cross-border, international decentralized ledger technology that transcends any government.
The BlackRock CEO also discussed the emergence of the Bitcoin ETF, calling it a step towards legitimizing Bitcoin as an asset class. He reiterated his views on Bitcoin’s potential as a store of value in the context of Bitcoin Spot ETFs.
Fink expressed optimism about the current state of the US economy and predicted that the economy would continue to strengthen. He also clarified his previous comments on ESG (Environmental, Social and Governance) policy, stating that he was referring to sustainability and not other aspects of ESG.
Fink declined to comment on the possibility of a Spot XRP ETF.
*This is not investment advice.