BlackRock CEO Larry Fink has publicly admitted that he was wrong about Bitcoin, marking a significant shift in his stance on the cryptocurrency. Fink, who manages $13 trillion in assets, previously expressed skepticism about Bitcoin but has now come to view it as 'digital gold.' His change of heart comes as Bitcoin's market cap has surged to $1.2 trillion, up from $20 billion in 2017 when he first spoke out against it. Additionally, $270 billion asset manager Ric Edelman has suggested that Bitcoin could reach $420,000 if just 1% of global wealth is allocated to it.