BLACKROCK CEO LARRY FINK BACKS ETHER ETF

Summary from the TLDR Crypto newsletter

A day after the successful launch of BlackRock’s Bitcoin ETF, its CEO Larry Fink went on CNBC to tout the value of both Bitcoin and Ethereum ETFs. Fink foresees a world in which assets are increasingly tokenized and views Bitcoin and Ethereum ETFs as steps toward that vision. He also classified cryptocurrencies not as currencies, but as asset classes that can provide protection against geopolitical risk and can help fight against corruption and money laundering.