BlackRock Won’t Launch Bitcoin ETF Until Crypto Is ‘Legitimate,’ Says CEO Larry Fink
BlackRock — the world’s largest asset manager and ETF provider — has slowly been warming to crypto, but will not launch a bitcoin exchange-traded fund (ETF) until the industry becomes “legitimate,” said CEO Larry Fink. “I wouldn’t say never — when it’s legitimate, yes,” Fink said at the New York Times Dealbook conference, as reported by CNBC.
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Posted by Samantha Chang on November 1, 2018 @ https://www.ccn.com/blackrock-wont-launch-bitcoin-etf-until-crypto-is-legitimate-says-ceo-larry-fink/