BlackRock’s Big Pivot
BlackRock (BLK), the world’s largest asset manager, has become notorious for its support of ESG investing, which has been criticized for putting political agendas ahead of financial gain. As ESG faces all kinds of headwinds, BlackRock has lately backed away from it, while moving full steam ahead with crypto ETFs. Trish and Rob react to recent comments by CEO Larry Fink about why he believes Bitcoin could appreciate to levels that would be multiples of the current price.