BlackRock CEO: Retail investors’ response to IBIT was surprising, and they were surprised by Bitcoin’s rise

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ODAILY
03-28
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Odaily Odaily BlackRock co-founder, chairman and CEO Larry Fink said he was "pleasantly surprised" by retail investors' response to the company's spot Bitcoin ETF, saying he was "very optimistic about the long-term viability of Bitcoin." ". Fink briefly commented on BlackRock's IBIT in an interview on Wednesday, saying: "Prior to the filing, we did not predict that we would see this type of retail demand." "(Bitcoin) has gone up so much It’s amazing to me… that we’re now creating a more liquid and transparent market,” Fink said of participating in Bitcoin trading. (The Block)

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