Why blackrock Is Trending Today?

BlackRock CEO Larry Fink has recently expressed his enthusiasm about the future of tokenization and cryptocurrency, stating that the world's largest banks are interested in Bitcoin and that we are at the beginning of tokenizing all assets. He views tokenization as the next major opportunity and a significant wave of change, comparing it to the gold market. Fink also endorses crypto as a potential diversifier, similar to gold, but with certain caveats. Notably, BlackRock's Bitcoin ETF, iShares Bitcoin ETF (IBIT), has surpassed $100 billion in assets under management.