BlackRock CEO Larry Fink Changes Stance, Now Sees Bitcoin as Store of Value Against Authoritarian Regimes
• BlackRock CEO Larry Fink defended Bitcoin as a check against authoritarian governments, a far cry from his criticism of it in 2017 • Fink said his view on Bitcoin began changing 3 years ago during the pandemic as he saw more opportunities in it • Fink hailed Bitcoin as a potential long-term store of value, especially for those fearful of government manipulation • Fink said the approval of Bitcoin ETFs is legitimizing crypto and creating more safety in the market • Fink sees value in an Ethereum ETF as "stepping stones towards tokenization," but declined to comment on other cryptos like XRP