Blackrock CEO Larry Fink sees very 'little demand' for Bitcoin as long-term investment

Larry Fink, who has previously said cryptocurrencies could become a great asset class, said BlackRock is seeing low investor demand for bitcoin.

“That is just not part of the focus on retirement and long-term investors,” he said about demand for cryptocurrencies. “We see very little in terms of investor demand on those types of things, but quite frankly (many) may not come to BlackRock for that type of demand.”