🚨 BlackRock’s Larry Fink Softens Stance on $BTC

BlackRock CEO Larry Fink revealed a major shift in his view on crypto at the NYT DealBook Summit. Once associating $BTC with illicit activity, Fink now describes it as an “asset of fear”, acknowledging its volatility but also the institutional potential it holds.

Fink highlighted that

Bitcoin remains highly volatile - best for experienced traders.

The iShares Bitcoin Trust ETF (IBIT) has seen massive adoption, peaking at ~$70B.

BlackRock is now fully engaged in crypto markets, signaling broader institutional acceptance.

From money-laundering concerns to managing billions in BTC exposure - Fink’s shift shows how far institutional sentiment on crypto has evolved.

#blackRock #BinanceBlockchainWeek #WriteToEarnUpgrade

BTC

90,049.45

-2.56%