BlackRock COO says cryptocurrency demand has exceeded expectations

BlackRock Chief Operating Officer (COO) Rob Goldstein said demand for cryptocurrency has exceeded the firm's expectations, Foresight News reported. Speaking during a Binance online stream, Goldstein discussed the market's reaction to the launch of its BTC ETF, IBIT, and outlined future strategies. He noted that global demand for IBIT was stronger than anticipated, viewing it not as mere speculative fervor but as a new value proposition based on emerging technology. Goldstein also predicted that the tokenization of capital market tools is still in its infancy and that future growth will be measured in multiples rather than percentages. He added that AI agents will eventually transact directly via digital rails, or blockchain infrastructure, instead of logging into traditional bank accounts. The biggest current obstacle, he pointed out, is a lack of investor education on the technical aspects of virtual assets and how to allocate them efficiently within a portfolio.