Larry Fink, BlackRock chairman and CEO, on “The Claman Countdown” on FOX Business, October 16, 2023:
“Well, I can’t talk about the specifics of anything, I think it’s just an example of the pent-up interest in crypto and we’re hearing from clients around the world about the need for crypto.
I mean, when you think about… I think some of this rally is way beyond the rumor. I think the rally today is about a flight to quality, with all the issues around the Israeli war now, global terrorism, and I think there is more people running into a flight to quality, whether that is in treasuries, gold or crypto, depending on how you think about it. And I believe crypto will play that type of role, as a flight to quality.”
Full interview here:
Part I, Larry Fink: The world needs to get back its moral compass: https://www.youtube.com/watch?v=3O4pnwq6ddY&t=2s
Part II, Larry Fink: We saw these issues in the third quarter: https://www.youtube.com/watch?v=bG8fjs4wilI
#bitcoin #bitcoinetf #freemarkets #crypto #defi