BlackRock CEO: Bitcoin itself is an asset class and is being discussed with global institutions regarding its allocation

ChainCatcher message, Bloomberg ETF analyst Eric Balchunas shared a complete quote from BlackRock CEO Larry Fink during the third-quarter earnings call regarding Bitcoin/digital assets on X. Fink stated that Bitcoin assets themselves are an asset class, and they are discussing allocation issues with global institutions, which remind him of the early stages of the mortgage market (currently valued at $11 trillion).