Blackrock CEO Larry Fink, who oversees $10 trillion, running the world’s largest asset manager, is no stranger to things being big. Still, the explosive growth of spot bitcoin exchange-traded funds, especially the firm’s, caught even the seasoned Wall Street executive off guard.
"I am very bullish on the long-term viability of bitcoin," he said Wednesday during an interview on "The Claman Countdown." The cryptocurrency has been climbing and hit a fresh all-time high of $71,000 this week.