BlackRock CEO: Bitcoin and Crypto Market Are More Stable After Leverage Cleanse
2026-07-16 01:08
Odaily Planet Daily News Larry Fink, CEO of BlackRock, the world's largest asset manager, stated that he is bullish on the market over the next 12 months, with a technological revolution set to drive margin improvements for more companies. He noted that BlackRock's profit margins rose by 260 basis points over the past 12 months and added $1 trillion in assets without increasing headcount.
Larry Fink said that current market leverage levels are lower than those seen in 2008 and 2009. Measured against the current scale of capital markets, implied leverage is not high. He also pointed out that concentrated risks may still exist in certain assets, financial products, or international markets.
Larry Fink mentioned that he was previously concerned about leverage in Bitcoin and crypto markets, as there were too many leveraged participants. He believes that after the leverage cleanse, Bitcoin and the crypto market are more stable at current levels.
Larry Fink said that current market leverage levels are lower than those seen in 2008 and 2009. Measured against the current scale of capital markets, implied leverage is not high. He also pointed out that concentrated risks may still exist in certain assets, financial products, or international markets.
Larry Fink mentioned that he was previously concerned about leverage in Bitcoin and crypto markets, as there were too many leveraged participants. He believes that after the leverage cleanse, Bitcoin and the crypto market are more stable at current levels.
Bài viết đề xuất
