BlackRock CEO: Bitcoin and Crypto Market More Stable After Leverage Cleanup
2026-07-16 01:08
Odaily Planet Daily News Larry Fink, CEO of BlackRock, the world's largest asset management company, stated that he is optimistic about the market over the next 12 months and believes a technological revolution will drive more companies to improve their profit margins. He noted that BlackRock's profit margin has increased by 260 basis points over the past 12 months and added $1 trillion in assets without increasing its headcount.
Larry Fink said that current market leverage levels are lower than those in 2008 and 2009, and relative to the current scale of the capital market, the implied leverage is not high. He also pointed out that there may still be concentration risks in certain assets, financial products, or international markets.
Larry Fink stated that he had previously been concerned about leverage in the Bitcoin and crypto markets, noting that there were too many highly leveraged participants. He believes that after the leverage cleanup, the Bitcoin and crypto markets are more stable at current levels.
Larry Fink said that current market leverage levels are lower than those in 2008 and 2009, and relative to the current scale of the capital market, the implied leverage is not high. He also pointed out that there may still be concentration risks in certain assets, financial products, or international markets.
Larry Fink stated that he had previously been concerned about leverage in the Bitcoin and crypto markets, noting that there were too many highly leveraged participants. He believes that after the leverage cleanup, the Bitcoin and crypto markets are more stable at current levels.
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