BlackRock CEO: Bitcoin is expected to reach $500,000 in 5-10 years
According to online reports, BlackRock CEO Larry Fink predicts that Bitcoin will exceed US$500,000 in the next 5 to 10 years, and its market value is expected to reach US$10 trillion. "We will see Bitcoin well above $500,000 in the next 5 to 10 years, which will be an asset worth more than $10 trillion," Fink said. 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 asset management scale of US$118.59 billion, further promoting the mainstreaming of Bitcoin.
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