2023-03-18 09:05:00 ET
On March 15, BlackRock (NYSE: BLK) CEO Larry Fink released his annual letter to shareholders. This annual letter from the world's largest asset manager might not get as much love as the one from Berkshire Hathaway , but it's especially worth a read this year, given that Fink specifically addresses the Silicon Valley Bank crisis and the changing risk environment for investors worldwide.
BlackRock -- which rose to prominence in the crypto sector last year with its much-ballyhooed partnership with cryptocurrency exchange Coinbase Global -- also has something to say about the crypto sector. In a section of the letter called "Digital Assets," Larry Fink hints at three big takeaways for crypto investors.
As might be expected, Bitcoin (CRYPTO: BTC) is top of mind for crypto investors right now. At a time when the entire banking system seems to be melting down, Bitcoin has somehow emerged as a potential safe haven for investors trying to protect their savings.
For further details see:
BlackRock's Annual Letter: 3 Major Takeaways for Crypto Investors