Do you have Bitcoin? So you arrived too early. Yes, there has always been someone, but the chance of owning Bitcoin is greater than 99.99% of all companies and financial institutions.
But it won’t be long before you’re no longer special either. There will come a time when even the biggest skeptics will become Bitcoiners.
Just look at BlackRock’s timeline. This is the largest asset manager in the world, which announced last year that it wanted to sell shares of a Bitcoin fund on the stock exchange.
But that love was not always as warm as a December month in the Netherlands. This is how BlackRock has behaved towards Bitcoin over the years
2017 ???? ?????????
October 3: BlackRock CEO Larry Fink says he is a strong supporter of cryptocurrency but worries about speculation in the market.
October 13: Fink notes that Bitcoin is an index for money laundering and draws a parallel between the crypto hype and the Dutch tulip mania of the 17th century.
2018????????♂️
July 16: Fink says BlackRock clients are not interested in buying crypto and emphasizes the need for the industry to have legitimate and transparent standards.
2019 ???? ????
April 3: Robbie Mitchnick, formerly of Ripple, is named head of digital assets by BlackRock.
July 19: Fink emphasizes the need for an efficient cross-border payment system, saying there is an urgent need to reduce the costs of cross-border transactions.
2020???? ????????? ₿
November 20: Rick Rieder, chief economist at BlackRock, says crypto is here to stay.
December 1: Fink warns that Bitcoin could reduce the dollar’s dominance and questions whether Bitcoin has the potential to become a global market.
2021 ₿ ????
January 27: Fink says BlackRock is eyeing the Bitcoin landscape, but that’s not proven yet.
October 13: Fink says he’s more in Jamie Dimon’s camp, citing the JPMorgan CEO’s bearish views on Bitcoin.
2022???????? ?????????
February 9: CoinDesk reports that BlackRock plans to launch cryptocurrency trading on its Aladdin platform.
March 24: Fink writes in his letter to investors that Russia’s invasion of Ukraine could accelerate the adoption of digital currencies.
August 4: BlackRock and Coinbase partner to offer crypto trading services on the Aladdin platform.
August 11: BlackRock announces a Bitcoin spot fund tailored to institutional investors.
November 30: Fink reveals BlackRock’s $24 million investment in failed cryptocurrency exchange FTX, indicating that abuse may have occurred with serious consequences. At the same time, it suggests the possible tokenization of securities on futures markets.
2023?????????
June 15: BlackRock files for a spot Bitcoin ETF with the SEC for its BlackRocks iShares Bitcoin Trust.
July 5: Fink says BlackRock wants to democratize cryptocurrencies and predicts cryptocurrencies will eclipse global currencies by 2023.
October 16: Fink attributes the rally to a ‘flight to quality’ amid global tensions, confirming increased interest from BlackRock clients in crypto.
Source: BTC Direct
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Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
