Larry Fink, the CEO of #BlackRockCrypto , urged G7 leaders to adopt a new global financial approach that prioritizes capital markets over traditional banking methods to finance the private sector.
He highlighted the need to address a "growth dilemma" affecting both developed and developing countries, proposing a coalition of investors to commit $25 billion to projects in Asia, with similar plans for Africa.
Fink also highlighted that given the high debt level of G7 countries, #Bitcoin! has emerged as an attractive safe haven due to its high yield and low correlation with stocks. This interest has driven strong demand for Bitcoin #ETF✅ in the US, with significant investments since early 2024.