Larry Fink, who was once an enemy of Bitcoin and cryptocurrencies and is now one of the biggest pro-cryptocurrency names with his applications for Bitcoin and Ethereum Spot ETF, is making statements on Fox Business live broadcast.
We will constantly update and share Larry Fink's statements regarding the cryptocurrency market and the US economy here.
- Larry Fink announced that he is bullish on Bitcoin in the long term.
- Larry Fink: “Look, I'm very bullish on the long-term viability of Bitcoin. We're now producing a market with more liquidity and more transparency, and I'm very surprised by that, and I would never have predicted that before.”
- Spot Bitcoin ETFs are the fastest growing ETFs in ETF history.
- FOX reporter Charles Gasparino asked Fink a question about Ethereum: “There is a lot of buzz about the SEC declaring a security that would remove Ethereum from the category of its Bitcoin counterpart as a commodity. How would this be reflected in an ETF?” Fink answered the question this way: “I don't think so, look, and I can't really talk about it, but I don't think that characterization would be that harmful.” Gasparino: “So you can launch an ETH ETF even if it is a security?” Fink: “I guess so, yeah.”
BlackRock submitted its Ethereum ETF application in November and was included in the latest postponements by the US Securities and Exchange Commission (SEC). The financial regulator's biggest concern may be the staking feature of the network.
*This is not investment advice.
