BlackRock CEO: Surprised by the increase in Bitcoin

Larry Fink, co-founder, chairman, and CEO of BlackRock, a $10 trillion asset management company, expressed in an interview that he was "surprised" by the retail response to the company's spot Bitcoin ETF and claimed that he was very impressed by Bitcoin's long-term viability. Larry Fink stated that we would never have predicted such retail demand before submitting our application. I was surprised by the significant increase in Bitcoin, as we are creating a more liquid and transparent market. In addition, IBIT is the fastest-growing ETF in the history of ETFs.