Blackrock CEO: Crypto Still Lacking Legitimacy, Bitcoin ETF Will Have To Wait-3.25

While discussion regarding Bitcoin-backed exchange-traded funds (ETFs) have begun to slow, the chief executive of BlackRock, a multinational America-based financial institution, recently claimed that he is hesitant to allow his firm to offer a Bitcoin ETF due to the current state of cryptocurrency markets.

BlackRock, the world's largest asset manager, is avoiding a bitcoin ETF until cryptocurrencies become “legitimate.”

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