'We are still so early in the adoption of people believing that bitcoin is a macro asset,' Novagratz said.
, Invesco, the group of ETF providers is a real signal that adoption is coming," Novogratz said Wednesday on Bloomberg TV.
"Think about it. Larry Fink travels the world talking to the biggest pools of capital," he added."It makes it really easy when he’sbitcoin is an alternative. And if you’re nervous about who’s your custodian, the ETF is a really easy first step. And so I just think if it happens, it’s the seal of approval from the SEC and the U.S. government that this is an asset.
"We are still so early in the adoption of people believing that bitcoin is a macro asset," Novogratz said."I mean, look at Larry Fink, saying 'hey, bitcoin is this generation’sBlackRock, the world's largest asset manager headed by CEO
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