Larry Fink, the CEO of the World’s largest asset manager BlackRock said he has seen a constant decline in inquiries regarding Bitcoin over the past couple of weeks. Fink said the firm is seeing very little investor demand for the top cryptocurrency. He went onto add that Bitcoin doesn’t fit in investor’s long-term or retirement plans. Fink said,
“In my last two weeks of business travel, not one question has been asked about that. That is just not part of the focus of retirement and long-term investors. We see very little in terms of investor demand,”
“In my last two weeks of business travel, not one question has been asked about that. That is just not part of the focus of retirement and long-term investors. We see very little in terms of investor demand,” says $BLK’s Larry Fink on #bitcoin #btc #crypto. pic.twitter.com/pXMe20fufo
— Squawk Box (@SquawkCNBC) July 14, 2021
The world’s largest asset manager with over $9 trillion in assets under management had advocated for
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