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BlackRock CEO: Bitcoin is expected to reach $500,000 in 5-10 years.
According to ChainCatcher news and reported by Coinpedia, BlackRock CEO Larry Fink stated: "We will see Bitcoin far exceed $500,000 in the next 5 to 10 years, which will be an asset worth over $10 trillion." This view reflects the growing confidence of institutional investors in Bitcoin. Currently, there are 11 Bitcoin spot ETFs in the U.S. market, with a total assets under management of $118.59 billion, further promoting the mainstreaming of Bitcoin.