BlackRock CEO Larry Fink views Bitcoin as a legitimate financial instrument and "digital gold."

BlackRock CEO Larry Fink, previously a Bitcoin skeptic, now considers the cryptocurrency a legitimate financial instrument and a potential portfolio component. In a recent CNBC interview, Fink acknowledged that his previous opinion on Bitcoin was wrong, and he now views it as "digital gold" with the potential to offer uncorrelated returns. BlackRock, the world's largest asset manager, runs the iShares Bitcoin Trust ETF.

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