BlackRock CEO expresses concerns about the US government deficit, changes previous skeptical stance to bullish on Bitcoin
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BlackRock CEO Larry Fink said in a media interview that the soaring US government debt is a major reason why investors hold Bitcoin. He has changed his previous skeptical stance and is optimistic about the future of Bitcoin, calling it "digital gold". BlackRock has now become an important player in the cryptocurrency field. Since the launch of the company's iShares Bitcoin Trust (IBIT) in January this year, it has attracted over $18 billion in funds, firmly holding the top spot in Bitcoin ETFs
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