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BlackRock CEO Larry Fink compares bitcoin to digital gold as ETF applications at SEC stack up

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BlackRock Chairman and CEO Larry Fink has never been outright dismissive of bitcoin, but he sure sounds more enthusiastic now that his firm, and others, are seeking regulatory approval for a spot bitcoin exchange-traded fund.

“I was skeptical because the early users were — it was heavily used for, let’s say, illicit activities,” said Fink in an interview on FOX Business Network that aired Wednesday afternoon.


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