Back in October 2017, after JP Morgan's CEO James Dimon called people that own cryptocurrency stupid he (BlackROck's CEO Larry Fink who is still CEO of BlackRock) added onto that with his own quote: ''Bitcoin just shows you how much demand for money laundering there is in the world. That's all it is'' On a slightly related note, that JP Morgan's CEO also called bitcoin a fraud, and said it won't end well just like tulip bulbs. He said it back when BTC had price of around 6k USD.
And now not even 6 years later BlackRock, with him still working as a CEO of BlackRock it seems to have completely changed his and their perspective on Bitcoin as they seem to get into it, and filed for a Bitcoin spot ETF.
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