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TechFlow reports that on October 15, Bloomberg ETF analyst Eric Balchunas shared on social media BlackRock CEO Larry Fink's complete remarks about Bitcoin/digital assets from the company's third-quarter earnings call. Fink stated that Bitcoin itself is an asset class, and they are discussing allocation with global institutions. He noted these assets remind him of the early days of the mortgage-backed securities market (currently valued at $11 trillion).
On October 15, Bloomberg ETF analyst Eric Balchunas shared on social media a full quote from BlackRock CEO Larry Fink during the Q3 earnings call regarding Bitcoin/digital assets. Fink stated that Bitcoin itself is an asset class, and they are discussing allocation with global institutions. He added that these assets remind him of the early days of the mortgage market (which currently has an $11 trillion market cap).
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