{"id":104578,"date":"2025-10-14T08:50:25","date_gmt":"2025-10-14T08:50:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=104578"},"modified":"2025-10-14T08:50:25","modified_gmt":"2025-10-14T08:50:25","slug":"blackrock-crypto-makes-new-bet-larry-fink-calls-bitcoin-digital-gold","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=104578","title":{"rendered":"BlackRock Crypto Makes New Bet: Larry Fink Calls Bitcoin \u201cDigital Gold\u201d"},"content":{"rendered":"<p>Larry Fink and BlackRock Crypto have changed their tune. The BlackRock CEO, who once dismissed crypto as a fad for speculators, now calls <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">BTC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$112,095.48<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">0.84%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Bitcoin<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">BTC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$112,095.48<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">0.84% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$68.78B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t \u201cdigital gold.\u201d<\/p>\n<p>In an interview with CBS on October 14, Fink said bitcoin has become a legitimate <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">store of value<\/a> and a hedge for the modern age. His shift marks more than personal conversion but signals how far <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Wall Street<\/a> has moved. Bitcoin is no longer the outsider; it\u2019s Fink\u2019s strongest bet.<\/p>\n<h2>BlackRock Crypto: Is It a Better Investment Than Gold? (What They Think)<\/h2>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>Larry Fink\u2019s tone has evolved dramatically over the past five years. The world\u2019s largest asset manager now positions Bitcoin as a credible diversification tool.<\/p>\n<p>\u201cCryptocurrencies serve the same purpose as gold \u2013 a store of value,\u201d Fink said during his CBS interview.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/bitcoin-etf\" target=\"_blank\" rel=\"noopener\">CoinGlass<\/a>)<\/p>\n<p>BlackRock\u2019s conviction comes with numbers to back it up. The <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\">iShares Bitcoin Trust (IBIT)<\/a> is on pace to become the fastest ETF in history to hit $100 Bn in assets, a milestone that cements crypto\u2019s place in institutional portfolios.<\/p>\n<p>Launched just 435 days ago, IBIT has already pulled in more than $244 Mn in annual fees, outperforming long-established giants like the iShares Russell 1000 Growth ETF. Bloomberg\u2019s Eric Balchunas called it \u201cabsurd,\u201d a testament to how fast BTC has moved.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Is 2026 Bitcoin\u2019s Institutional Era? The Irony of Wall Street\u2019s Conversion<\/h2>\n<p>Bitcoin sits around $112,000, still king of a $3.8 Tn market, according to <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/\" target=\"_blank\" rel=\"noopener\">CoinGecko<\/a>. It slipped 7.5% this week, but the money hasn\u2019t left exchanges. Glassnode shows this is the biggest outflow of BTC since mid-2024, a sign big players are quietly accumulating again.<\/p>\n<p>Institutional demand hasn\u2019t cooled either. Farside Investors logged almost $6 Bn in ETF inflows during the first week of October.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/farside.co.uk\/btc\/\" target=\"_blank\" rel=\"noopener\">Farside Investors<\/a>)<\/p>\n<p>Jamie Dimon, CEO of JPMorgan, once called Bitcoin a \u201cfraud.\u201d Now, his firm offers Bitcoin trading to clients through approved channels. Larry Fink\u2019s pivot mirrors the same trajectory: from dismissal to full-scale embrace.<\/p>\n<p>With institutional products driving billions in inflows, the era of dismissing Bitcoin as a passing fad is over.\u00a0 However, this also means the underground cypherpunk energy of BTC is mostly gone as well; now it has moved to other projects like <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Zcash<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">ZEC<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$223.94<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">16.47%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Zcash<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">ZEC<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$223.94<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">16.47% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$748.85M<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2>Bitcoin USDs Breakout and BlackRock\u2019s Timing<\/h2>\n<p>Larry Fink\u2019s about-face feels like the moment Bitcoin finally crossed the Rubicon. What started as the butt of everyones joke from Wall Street has turned into record ETF inflows and boardroom strategy sessions.<\/p>\n<p>Volatility and an underlying cypherpunk energy still define BTC, yet it\u2019s no doubt an institutional asset now. Is that a good or bad thing? Depends who you ask: we\u2019re still all-in after all these years.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/singapore-denies-do-kwons-14m-refund-demand-for-stolen-penthouse\/\" target=\"_blank\" rel=\"noopener\">Singapore Denies Do Kwon\u2019s $14M Refund Demand For \u2018Stolen\u2019 Penthouse<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        Larry Fink and BlackRock Crypto have changed their tune. The BlackRock CEO, who once dismissed crypto as a fad for speculators, now calls BTC \u201cdigital gold\u201d    <\/p>\n<p>         Fink\u2019s about-face feels like the moment Bitcoin finally crossed the Rubicon.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/blackrock-crypto-makes-new-bet-larry-fink-calls-bitcoin-digital-gold\/\">BlackRock Crypto Makes New Bet: Larry Fink Calls Bitcoin \u201cDigital Gold\u201d<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Larry Fink and BlackRock Crypto have changed their tune. The BlackRock CEO, who once dismissed crypto as a fad for speculators, now calls Bitcoin BTC $112,095.48 0.84% Bitcoin BTC Price $112,095.48 0.84% \/24h Volume in 24h $68.78B &lt;!&#8211; ? &#8211;&gt; Price 7d Learn more \u201cdigital gold.\u201d In an interview with CBS on October 14, Fink [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-104578","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104578"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/104578\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}