BlackRock CEO warns Bitcoin could replace US Dollar as global reserve currency, crypto ETFs witness inflows
In an annual letter to investors, BlackRock CEO Larry Fink warned that digital assets could offset America's economic advantage. Fink claims that the US Dollar risks losing its world reserve currency status to digital assets like Bitcoin. CoinShares' weekly report notes that crypto ETFs saw inflows of $225 million last week. BlackRock CEO Larry Fink stated in an annual letter to investors on Monday that the US national debt could cause the Dollar's global reserve status to be replaced with Bitcoin if investors begin to see the digital currency as...