BlackRock CEO admits that opposing Bitcoin and cryptocurrencies in the past was a mistake

Larry Fink, CEO of BlackRock, admitted at the New York Times DealBook Summit that his previous opposition to Bitcoin and cryptocurrencies was "wrong." When asked, "You referred to cryptocurrencies as 'tools for money laundering and thieves' in 2017, and now BlackRock has the largest Bitcoin spot ETF. What happened?" Larry Fink responded, "I have strong opinions, but that doesn't mean I won't be wrong. Through constant self-examination and meeting thousands of clients and government leaders each year, my thought process has evolved, and my views have changed significantly. Now, BlackRock is actively embracing Bitcoin."