#BSCProjectSpotlight
Bitcoin Can Replace the Dollar
Larry Fink, CEO of BlackRock, believes that Bitcoin can replace the US dollar as the global reserve status. His remarks were made in an annual letter sent to his clients this Monday (31).
Still regarding Bitcoin, the executive highlights ETFs, especially his own BTC ETF, the IBIT.
At the time of this writing, BlackRock manages over 575 thousand bitcoins (R$ 279 billion) through its fund. More recently, the manager also started offering this product in Europe.
