BlackRock's Fink Says Clients Aren’t Looking to Buy Cryptocurrency

The transcript discusses the interest and exploration of blockchain technology and cryptocurrencies. It highlights the lack of current client demand for crypto exposure but acknowledges the potential future interest. The speaker notes that major financial institutions are developing crypto trading desks, indicating market developments. The current stance is to study and understand crypto performance, with a future outlook of considering it as an alternative currency when it becomes more legitimate.

What are the key aspects being studied about cryptocurrencies?

Evaluate responses using AI:

OFF

What is the current sentiment of clients towards the need for cryptocurrency?

Evaluate responses using AI:

OFF