#LarryFink , CEO of Blackrock – the world's largest asset management group, has just made a shocking prediction that the price of Bitcoin could reach $700,000, thanks to the increased acceptance of large organizations and Bitcoin's role as a financial risk hedging tool.

From skepticism to strong support

Having called Bitcoin an “index of money laundering” in 2017, Larry Fink has completely changed his mind. In a recent interview, he admitted that he is a “big believer” in Bitcoin’s potential. Fink emphasized:

  • Bitcoin is a legitimate asset: Seen as a legitimate investment tool, similar to gold, but more modern and transparent.

  • Crisis protection: $BTC is increasingly recognized as a hedge against inflation and political instability.

The Role of Blackrock's Bitcoin ETF

Fink’s prediction is no coincidence, as Blackrock is working to launch a Bitcoin ETF, which would provide a safe and regulated way for both institutional and individual investors to easily access the Bitcoin market.

  • Increased demand and liquidity: Bitcoin ETFs could drive large inflows from institutions, making Bitcoin a more popular investment asset.

  • Rapid Growth: According to Blackrock's report, Bitcoin's growth rate is far ahead of the Internet and mobile phones, showing the huge potential of blockchain technology.

Conclusion

Larry Fink believes that Bitcoin is not just a financial asset, but also a symbol of the future of modern investing. With the support of large organizations such as Blackrock, Bitcoin can reach unprecedented value milestones, creating great opportunities for both individual and institutional investors.

Note: Cryptocurrency market is risky. Please consider carefully before investing. #anhbacong