Odaily News Mysten Labs CEO Evan Cheng said in an interview that despite the slowdown, strategic funds will still flow into the cryptocurrency field, but capital deployment will be more strategic and cautious. Evan Cheng said: Investors around the world are looking for targets, BlackRock is obviously not a fool, they do recognize that there is an opportunity here. I have been talking to people in the Gulf, the UAE, Qatar, and they have a lot of interest, They really want to be in the lead. The same is true for the Asia-Pacific region, so the money will come in, but they will be more strategic about it. (The Block) Previous news, on October 16, local time in the United States, BlackRock CEO Larry Fink said on FOXs Claman Countdown program: I cant talk about any specific details, I think this is just an example of the potential interest in cryptocurrency. We are hearing from customers around the world about their demand for cryptocurrency. Very high. He declined to comment on the status of BlackRocks iShares Bitcoin Spot ETF application. After Cointelegraphs erroneous report, Bitcoin prices rose nearly 10% before falling back to around $28,000. He added: Some of todays rises are well beyond the scope of rumors - I think todays rises are due to peoples pursuit of quality, given the issues such as the Israeli war, global terrorism, etc., I think more people are Look for quality and preservation of value. Gold and cryptocurrencies both play a similar role in that.”