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BlackRock CEO admits his previous opposition to Bitcoin and cryptocurrencies was a mistake.

2025-12-03 22:45

Odaily Planet Daily reports that BlackRock CEO Larry Fink admitted today at the New York Times DealBook Summit that his previous opposition to Bitcoin and cryptocurrencies was a mistake. When asked, "You called cryptocurrencies tools for money laundering and theft in 2017, but now BlackRock owns the largest Bitcoin spot ETF. What happened?" Fink responded, "I have strong opinions, but that doesn't mean I'm not wrong. Through constant self-examination and meeting with thousands of clients and government leaders every year, my thinking has evolved, and my views have changed dramatically. Now BlackRock actively embraces Bitcoin."