BlackRock CEO signals low demand for crypto from long-term investors
“We see very little in terms of investor demand” for crypto, BlackRock CEO said. BlackRock, an institutional asset manager that has indirect exposure to Bitcoin (BTC), has recorded a major decline in investor demand for cryptocurrency.The company’s CEO Larry Fink declared Wednesday on CNBC’s Squawk Box that BlackRock has been seeing less crypto-related queries from investors recently, signaling a massive drop in demand for crypto.Fink noted that specifically long-term and retirement investors now appear to have less interest in crypto, stating: “In the past, you’ve asked me about crypto....
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