Key Notes

BlackRock targets $4.1 trillion in digital wallets through asset tokenization, converting traditional products into digital formats.

Ethereum ETFs experienced $428.5 million in net outflows on Oct 13, with BlackRock contributing $19.1 million to the selloff.

Bitcoin maintains position above $112K support level despite short-term bearish pressure and technical indicator divergence.

BlackRock CEO Larry Fink stated the financial industry is at “the beginning of the tokenization of all assets” during an Oct. 14 interview on CNBC’s Squawk on the Street. The comment came as the firm’s iBIT Bitcoin ETF surpassed $100 billion in assets and total digital holdings reached $107.4 billion.

Fink outlined a strategy to access $4.1 trillion held in digital wallets globally by digitizing

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