76research
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BlackRock's LARRY FINK Dumps Woke Investing for Crypto Upside
Posted
January 28, 2025
Views
671
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Comments
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Engagement
3.43%
January 28, 2025
671
21
2
3.43%
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5:26Now PlayingTrish Regan and Rob Hordon, Co-Founders of 76research, react to BlackRock CEO Larry Fink's recent comments at Davos, where he described how the price of Bitcoin could rise dramatically as investors around the world increase their allocations to the premier cryptocurrency.
Fink runs the largest asset manager in the world with over $11 trillion in assets. BlackRock appears to have pivoted away from ESG (Environmental, Social, Governance) investing strategies, which have been criticized for promoting "woke" ideological priorities at the expense of investors. With more than $150 billion in their Bitcoin ETF (IBIT) after only one year, BlackRock now stands to benefit immensely from continued growth in crypto markets.
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