Larry Fink says BlackRock seeks to democratize bitcoin
BlackRock CEO Larry Fink, who previously bashed bitcoin, now has a different view of the crypto asset and is looking to make the largest crypto by market capitalization cheaper and more accessible for investors. Speaking in an interview with Fox Business, Larry Fink, while not going into details about BlackRock’s latest spot Bitcoin exchange-traded fund (ETF), is hopeful that regulators, in this case, the US Securities and Exchange Commission (SEC), will approve its application. The asset manager is said to have a track record of getting its ETF applications approved and hopes that through collaboration with regulators, its bitcoin ETF filing will also get the green light. “We have a good track record working with our regulators and trying to make sure we are thinking about the issues around any filing […] We hope that like in the past we could be working with our regulators and get the filing approved one day, and I have no idea what that one day would be, b...