BlackRock Bets on Bitcoin: Is the US Dollar Era Over?

Sputnik News - World News, Breaking News & Top Stories (nprofile…wkjv)
✍️ BlackRock, a Wall Street giant, has introduced a Bitcoin ETF, despite previously being skeptical about the cryptocurrency. Analysts believe the move is a tactical hedge against specific risks, such as gold.
👉 BlackRock has introduced a Bitcoin ETF, despite previously being skeptical about the cryptocurrency.
👉 The firm's CEO, Larry Fink, has redefined his stance on Bitcoin, describing it as an alternative to gold.
👉 Analysts believe the move is a tactical hedge against specific risks, such as gold.
👉 BlackRock's Bitcoin push has led some to speculate that the firm is attempting to dominate the cryptocurrency market.
👉 The firm's Outlook 2025 report warns of an impending economic transformation and sees Bitcoin as a potential diversifier.

#LarryFink #CharlesOrtel #SamaraCohen #TomDonilon #GeorgeSoros #business

quoting nevent1q…3n48

Sputnik News - World News, Breaking News & Top Stories (nprofile…wkjv)

BlackRock, the world's largest asset manager, stated in its latest ad that Bitcoin is no longer a "radical idea" but a legitimate asset, held or used by over 250 million people worldwide. What's behind the change of heart?
https://sputnikglobe.com/20241224/blackrock-bets-on-bitcoin-is-the-us-dollar-era-over-1121257375.html