BlackRock’s Fink calls Bitcoin an ‘asset of fear’, softens crypto stance

BlackRock’s Fink calls Bitcoin an ‘asset of fear’, softens crypto stance


The CEO, who took the stage with Coinbase CEO Brian Armstrong, was not entirely bullish on Bitcoin for the duration of the panel. Fink described Bitcoin as “an asset of fear,” noting that the price of the cryptocurrency had dropped amid news of a US-China trade deal and a potential end to the war in Ukraine. In the eight years since that message, BlackRock was granted regulatory approval by the US Securities and Exchange Commission to launch one of the first spot Bitcoin exchange-traded funds in January 2024.

Author: Cointelegraph by Turner Wright


Published at: 2025-12-03 22:20:04

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