BlackRock CEO: Expects Bitcoin to reach $500,000 in 5-10 years

According to ChainCatcher, as reported by Coinpedia, BlackRock CEO Larry Fink stated: "We will see Bitcoin far exceeding $500,000 in the next 5 to 10 years, which will be an asset over $10 trillion."

This viewpoint reflects the growing confidence of institutional investors in Bitcoin. Currently, there are 11 Bitcoin spot ETFs in the U.S. market, with a total assets under management of $118.59 billion, further promoting the mainstream adoption of Bitcoin.