BlackRock's Bitcoin spot ETF will ‘democratize’ crypto: CEO Larry Fink

From foxbusiness.com

video BlackRock CEO Larry Fink may be biased when it comes to his firm’s application for a spot Bitcoin exchange-traded fund, but he tells FOX Business the product would even the playing field for investors. "What we're trying to do with crypto is make it more democratized with all of crypto and making it much cheaper for investors" Fink said during an interview on The Claman Countdown. "The bid spread for crypto is very expensive. It does erode a lot of the returns….because it costs a lot of money right now to transact Bitcoin and it costs a lot of money to get out of that. And so, we hope that our regulators ... (full story)