BlackRock to Wait Until Crypto Market is Legitimate Before Offering ETF16.36

BlackRock, the world’s largest asset management firm, will not be offering a cryptocurrency exchange traded fund (ETF) until the markets are further legitimized. Despite the asset management firm’s CEO, Larry Fink, being bullish on blockchain technology, he still has reservations regarding cryptocurrency.

Fink’s comments regarding the cryptocurrency markets came about during the New York Times Dealbook Conference in Manhattan on Thursday, reports CNBC, where he was asked about his company’s openness towards entering the cryptocurrency markets.

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