BlackRock CEO: Bitcoin Is Alternative to Gold

BlackRock's Larry Fink has repeatedly compared Bitcoin to gold

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BlackRock Declares Bitcoin The New ‘Gold Alternative’ – Here’s Why

BlackRock’s stance on cryptocurrencies—especially Bitcoin and Ethereum—has lately made headlines. While Ethereum is considered as a “technology bet,” the investment behemoth sees Bitcoin as a “gold alternative.

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BlackRock: Bitcoin is 'gold alternative,' Ethereum a 'technology bet' - Why?

BTC is sound money and a ‘risk-off’ asset, per BlackRock. But ETH is a speculative bet on blockchain technology adoption.  BlackRock, the world’s largest asset manager, recently preseThe post BlackRock: Bitcoin is 'gold alternative,' Ethereum a 'technology bet' - Why? appeared first on AMBCrypto.

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MicroStrategy outperforms BlackRock Bitcoin ETF by factor of five in 2024

Quick Take Since the start of 2024, MicroStrategy (MSTR) has delivered an impressive 174% return, far outpacing the 35% return of BlackRock’s Bitcoin ETF (IBIT). To put this in perspective, the IBIT return is notable, as the GLD ETF, which tracks gold, didn’t achieve a 35% return over almost two years.

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BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold

BlackRock, the world’s biggest hedge fund, currently has $10.6 trillion in assets under management and the largest Bitcoin investment fund.

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BlackRock CEO reiterates Bitcoin is ‘digital gold’ and a hedge against economic uncertainty

BlackRock CEO Larry Fink reaffirmed his supportive stance on Bitcoin, describing it as “digital gold” and emphasizing its potential as a key asset in diversified investment portfolios.

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BlackRock CEO: Bitcoin is ‘digital gold’

BlackRock chairman and CEO Larry Fink said that he believes Bitcoin is a ‘legitimate financial asset class’ for those seeking financial control outside traditional systems. Once a skeptic, Fink now views Bitcoin (BTC) as a legitimate asset class.   “As you…

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IBIT vs GLD: A compelling tale of Bitcoin’s growing dominance over traditional gold investments

Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined. Leading this surge is BlackRock’s iShares Bitcoin ETF (IBIT), which has accumulated over $15 billion in net inflows and stands at the forefront of this success narrative.

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Is Bitbot a buy after BlackRock dubbed BTC not a ‘risk-on’ asset?

Bitcoin is not really a “risk-on asset” – it is, instead, more like digital gold, says Robert Mitchnick of BlackRock Inc. What Mitchnick said at the Bitcoin Investor Day conference Mitchnick agrees the world’s largest cryptocurrency does sometimes act similar to a high-risk tech stocks.

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BlackRock CEO Declares Bitcoin “Digital Gold” and a Stellar Long-Term Store of Value

Сообщение BlackRock CEO Declares Bitcoin “Digital Gold” and a Stellar Long-Term Store of Value появились сначала на Coinstelegram.

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BlackRock's Bitcoin ETF to Leave Gold in Dust with $10 Billion Milestone

BlackRock's iShares Bitcoin Trust on track to surpass $10 billion in assets

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BlackRock’s gold ETF declines, but its Bitcoin ETF surges with massive inflow

Gold ETFs have bled $2.4 billion this year, with BlackRock experiencing a deep cut.

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Золотые ETF теряют деньги, биткоин-ETF богатеют

В 2024 году из 14 ведущих золотых ETF произошел отток в размере $2,4 млрд долларов, телеграфирует аналитик Bloomberg Эрик Балчунас (Eric Balchunas). Наиболее значительный отток средств произошел из Blackrock’s iShares Gold Trust Micro и iShares Gold Trust, которые потеряли $230,4 млн и $423,6 млн соответственно.

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BlackRock CEO Calls Crypto Rally ‘Flight to Quality’, Not Rumors

Larry Fink says the crypto rally goes beyond rumor to represent a flight to stable assets like Treasuries, gold, and crypto.

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BlackRock CEO Larry Fink Is The Best Thing To Happen To Bitcoin, Mike Novogratz Says

BlackRock officially announced its entrance into Bitcoin earlier this year by filing for a Spot Bitcoin ETF with the United States Securities and Exchange Commission (SEC). Although the regulator is yet to accept the filing, CEO Larry Fink has also made some supportive comments, comparing BTC to digital gold.

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SHIB Account Gets New Gold Check Mark, BlackRock Names Optimal BTC Share in Risk Portfolio, Ripple's Exec Drops Update on Joint Project With Montenegro: Crypto News Digest by U.Today

U.Today's daily news digest keeps you informed of the most important updates in the crypto industry

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CEO Of Global Heavyweight BlackRock Proclaims Crypto Will Surpass International Currencies

The CEO of BlackRock, Larry Fink, has continued to sing Bitcoin’s praises. Fink spoke about the growing demand he is witnessing for cryptocurrencies among gold clients in the Friday interview, asserting that crypto will, in the future, “transcend any one currency.”

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BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors

The CEO of $8.5 trillion asset manager BlackRock (BLK) said "more and more" gold investors have been asking about the role of crypto over the last five years.

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Shibarium Launch Date Confirmed, SHIB Lead Shytoshi Kusama Has Fingers Crossed for Elon Musk, BlackRock CEO Says BTC Is New Gold: Crypto News Digest by U.Today

Stay updated on all of the industry's top events with U.Today's crypto news digest!

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BlackRock CEO Larry Fink Says Bitcoin Is Digital Gold, So What’s The Digital Silver?

On Wednesday, an interview with BlackRock CEO Larry Fink went viral in which the CEO called Bitcoin an international asset. Not only that, Fink also pointed toward digital assets such as Bitcoin as being a way to digitize gold on the blockchain.

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BlackRock CEO Larry Fink: ‘crypto is digitalising gold in many ways’

BlackRock CEO Larry Fink was all praise for BTC in a recent interview. The asset manager refiled for a Spot Bitcoin ETF earlier this week. Bitcoin is currently up close to 90% versus the start of the year.

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BTC Holds Above $31K As BlackRock CEO Larry Fink Lauds Bitcoin For ‘Digitizing Gold’

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BlackRock CEO Says Bitcoin Is New Gold

BlackRock CEO Larry Fink sees a future where blockchain technology replaces traditional financial intermediaries, indicating a strong commitment to crypto adoption

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BlackRock’s Chief Executive Officer Sees Cryptocurrency as the Modern Equivalent of Gold, with Bitcoin as a Global Asset

BlackRock’s CEO Describes Cryptocurrency as the Modern Equivalent of Precious Metal, Designates Bitcoin (BTC) as a Digitalized Asset In a recent FOX Business interview, Larry Fink, the CEO of BlackRock, characterizes cryptocurrencies as “digital gold” while specifically classifying Bitcoin as a digital asset.

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BlackRock CEO Larry Fink likens crypto to ‘digitizing gold’; praises Bitcoin as an ‘international asset’

Larry Fink, CEO of BlackRock, liked cryptocurrencies—and Bitcoin and particular—to “digitizing gold” while praising Bitcoin as an “international asset” in an interview with Fox Business today.

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BlackRock CEO Larry Fink Says Bitcoin Is An International Asset

Fink also said that bitcoin and crypto are “digitizing gold” and that it can potentially serve as a hedge against inflation.

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What Happens To Bitcoin Price If Spot ETF Is Approved? Gold ETF Story Reveals

The application by BlackRock, the world’s largest asset manager, for approval of a Bitcoin spot ETF with the US Securities and Exchange Commission (SEC) is the biggest story in the crypto market today.

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Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD

Facebook’s whistleblower is also invested in crypto, while SkyBridge’s Anthony Scaramucci revealed that he currently has $1 billion in Bitcoin. The post Ray Dalio Chooses a Mix of Bitcoin and Gold for a Rainy Day While BlackRock CEO & Goldman Chair Prefer USD first appeared on BitcoinExchangeGuide.

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Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation

A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” […]

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SEC Filings Indicate That BlackRock is Looking to Buy Bitcoin

This move indicates that BlackRock could finally be making its debut in the cryptocurrency space. Following a recent interview, BlackRock Inc. Chief Investment Officer Rick Rieder had commented on Bitcoin being more functional than gold.

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Blackrock’s Chief Investment Officer: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold

Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay. ” In addition, he said bitcoin is a durable mechanism that could replace gold.

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BlackRock’s Rick Rieder Says Bitcoin Could Largely Replace Gold

Host Andrew Ross Sorkin spoke with Rieder on the battle of the hedges and their respective investment potentials. Bitcoin has massively outpaced gold since the beginning of October and now trades at almost ten ounces of gold per one BTC.

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BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional

In an interview with CNBC this morning, BlackRock, CIO of Fixed Income Rick Rieder said Bitcoin and cryptocurrencies are here to stay. Talk about a sharp U-turn, although not at all surprising for the bitcoin community given all the new bitcoiners we see this year thanks to the fiat devaluation and bitcoin’s over 150% YTD […] The post BlackRock CIO: Bitcoin Will Replace Gold Because it is So Much More Functional first appeared on BitcoinExchangeGuide.

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BlackRock CIO says ‘Bitcoin will take the place of gold to a large extent'

Bitcoin's network effect has forced traditional financiers to change their tune on the digital currency.

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BlackRock: биткоин способен заменить золото

Главный инвестиционный директор компании BlackRock Рик Ридер заявил, что биткоин способен заменить золото. Wow. BlackRock CIO of Fixed Income Rick Rieder talking about Bitcoin replacing gold on CNBC this morning.

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Bitcoin Will Replace Gold, Says World’s Largest Asset Firm BlackRock

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BlackRock CIO: ?Bitcoin Is Here to Stay?

The CIO of the largest asset manager in the world sees Bitcoin replacing gold

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BlackRock CIO: "Bitcoin Is Here to Stay"

The CIO of the largest asset manager in the world sees Bitcoin replacing gold

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Cease and Desist Order Against Genesis Mining Now Withdrawn

After five long months of working with South Carolina officials, Genesis Mining has been dropped from the cease and desist order it received back in March 2018 from the South Carolina Securities Division.

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