BlackRock CEO: Bitcoin is good, but should not take up too large a proportion in an investment portfolio

Bitget App

Trade smarter

Bitget

News

BlockBeats2025/10/14 00:22

Show original

BlockBeats News, October 14, BlackRock CEO Larry Fink stated in an interview with CBS that he has had to reassess bitcoin, acknowledging that "cryptocurrencies and gold serve the same function, both being alternative assets."

Fink pointed out that bitcoin "is not a bad asset, but it should not occupy too large a proportion in an investment portfolio." In his letter to investors this year, Fink revealed that regarding investment demand for the BlackRock bitcoin ETF, "half comes from retail investors, and among them, 75% had never purchased iShares products before." (Decrypt)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

Sun Wukong has launched contract trading for AIA, COAI, STBL, and AVNT.

Garrett Jin sarcastically explains precise short selling: There aren't that many conspiracies in the world; being bullish in the long term doesn't prevent short selling in the short term.