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BlackRock CEO Admits Previous Opposition to Bitcoin and Cryptocurrency Was 'Wrong'

2025.12.04 01:16:28

On December 4th, BlackRock CEO Larry Fink admitted at the New York Times DealBook Summit that he was “wrong” about his past opposition to Bitcoin and cryptocurrencies. When the host asked, “You once called crypto a ‘money laundering and thieves’ haven’ back in 2017—but now BlackRock holds the largest Bitcoin spot ETF. What changed?” Fink responded: “I have strong views, but that doesn’t mean I can’t be wrong. Through constant self-reflection and meeting with thousands of clients and government officials every year, my thinking has evolved, and my stance has shifted dramatically. Today, BlackRock is actively embracing Bitcoin.”
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