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BlackRock CEO Larry Fink Calls Bitcoin an “Asset of Fear” as Institutional Adoption Accelerates
BlackRock CEO Larry Fink said at the DealBook Summit that Bitcoin is an “asset of fear,” noting its volatility and suitability only for investors confident in timing. Fink’s views have shifted significantly as BlackRock now operates the world’s largest spot Bitcoin ETF, IBIT. His comments highlight both rising institutional adoption and continued caution around crypto risk.