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BlackRock Executive Believes Bitcoin Price Could Rise ‘Significantly’

On Thursday Rick Rieder, CIO of BlackRock, said on CNBC’s Squawk Box that he owns Bitcoin and that he believes its price could go up “significantly” in the future.

BlackRock Chief Investment Officer Rick Rieder Thinks Bitcoin Is Durable

Rick Rieder, a chief investment officer for major asset manager BlackRock, recently touted many positive attributes of bitcoin.

Coinbase Eyes ETF With Help From BlackRock: Business Insider Report

In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF).