BlackRock CEO Larry Fink has strengthened his stance on Bitcoin, framing it as a safeguard for investors worried about global currency erosion.
The head of the world’s largest asset manager, overseeing $13 trillion in assets, drew a direct link between owning crypto and protecting against governments’ ongoing dilution of fiat value. He suggested that allocating to Bitcoin and gold makes sense “if you believe countries will continue to devalue their currencies.”
JUST IN: BlackRock CEO Larry Fink says to own Bitcoin and crypto if "countries are going to continue to debase their currency.” pic.twitter.com/aRVlUKPU1n
— Bitcoin Archive (@BTC_Archive) October 28, 2025
Fink Recasts Bitcoin as a ‘Fear Asset’
Fink recently told attendees at a financial event that investors concerned about monetary easing and rising fiscal pressures should consider exposure to crypto or gold. He stated their utility as hedges against inflation and depreciation of purchasing power, noting that interest in them grows when confidence in traditional markets or government policy weakens.
Furthermore, Fink urged investors to buy Bitcoin if “you are frightened of the debasement of your assets” or “worried about your financial security,” calling the asset a hedge against “optimism.”
His remarks stand in stark contrast to his view in 2017, when he labeled Bitcoin an “index of money laundering.” Speaking in a recent interview, he acknowledged that the sudden adoption and shifts in market structure forced him to reassess those assumptions. He added that Bitcoin now plays a role similar to that of gold as an alternative store of value during uncertain periods.
Fink also earlier noted that digital assets could support diversification strategies but argued for measured allocations. He maintained that Bitcoin may be suitable for a balanced portfolio, yet should not dominate an investor’s overall exposure.
BlackRock’s IBIT Pushes Crypto ETFs into the Mainstream
Fink’s pro-hedge narrative aligns with the explosive rise of BlackRock’s iShares Bitcoin Trust (IBIT), launched in early 2024 following U.S. regulatory approval. The ETF’s performance has helped validate institutional participation in Bitcoin markets and accelerated Wall Street’s entry into spot crypto products.
IBIT has grown into the world’s largest cryptocurrency ETF, with assets under management exceeding $100 billion, driven by both retail and institutional investors. The fund now generates higher annual revenue than any other ETF in BlackRock’s product suite, supported by a 0.25% fee that brings in over $240 million per year, according to Bloomberg.
The CoinRemark Team
Brenda Kanana
