Citadel CEO Ken Griffin Says He ‘Doesn’t Know How to Think’ About Bitcoin

Ken Griffin, founder and CEO of the multinational hedge fund manager Citadel, has yet to be convinced by Bitcoin and describes it as "effectively a digital token".
Speaking to CNBC's Andrew Ross Sorkin on Friday, the billionaire said he saw no "economic basis for cryptocurrencies" and did not spend time thinking about it.
"I understand how to value a stock, I understand how to think about exchange rates around the world," Griffin said.
"I don't know how to think about what a digital token actually is."
The citadel founder's comments come at a time when the mood music on Wall Street suggests a distinctly warming sentiment towards crypto.
Griffin was also interviewed by Sorkin about Citadel's role in the recent GameStop trading frenzy, for which he and others were called before Congress last week.
See also: BNY Mellon Announces Crypto Custody and Spies Integrated Services
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Citadel CEO Ken Griffin says he doesn't know how to think about Bitcoin
Citadel CEO Ken Griffin says he doesn't know how to think about Bitcoin
Citadel CEO Ken Griffin says he doesn't know how to think about Bitcoin
Citadel CEO Ken Griffin says he doesn't know how to think about Bitcoin
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