BlackRock won't offer a cryptocurrency ETF until the industry is 'legitimate,' CEO Larry Fink says

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BlackRock, the world's largest asset manager, is avoiding a bitcoin ETF until cryptocurrencies become “legitimate.”

 

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BlackRock just promoted the head of its $1.9 trillion ETF business and it could mean he's a potential successor to CEO Larry FinkMark Wiedman's international role sees him reporting to Larry Fink, the head of the world's largest asset manager.
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3 sophisticated ETF plays for a market that's stopped going straight upInvestors should consider buying thre exchange-traded funds that track emerging markets, short-duration U.S. bonds and merger arbitrage, according to an investor who specializes in ETFs.
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