Podknife - Why BlackRock Went All In on Bitcoin by WSJ Tech News Briefing

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Why BlackRock Went All In on Bitcoin

Podcast |: WSJ Tech News Briefing
Publisher |: The Wall Street Journal
Media Type |: audio
Podknife tags |: Gadgets,; Tech News,; Technology
Categories Via RSS |: News,; Tech News
Publication Date |: Mar 12, 2024
Episode Duration |: 00:12:26

Back in 2017, Larry Fink, the CEO of BlackRock, the world’s largest asset manager, was critical of cryptocurrency. Now, just seven years later, the former skeptic is helping to take bitcoin mainstream as BlackRock rakes in billions of dollars selling bitcoin in a low-cost ETF. WSJ reporter Vicky Ge Huang tells host Alex Ossola about what BlackRock’s reversal means for the company, investors and crypto writ large. Learn more about your ad choices. Visit megaphone.fm/adchoices

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