Bitcoin doesn’t need Larry Fink – but benefits enormously from him

INFBusiness
08.09.2025
Markets

In this article you will learn:

Who Larry Fink is and how he became the world's most powerful asset manager
How BlackRock was founded on a miscalculation
When Fink's attitude towards Bitcoin changed
Why Larry Fink's word plays such a big role for markets and investors worldwide

BlackRock CEO Larry Fink is one of the most influential figures in the financial world. For decades, he has shaped the investment industry: with visions, successes, but also failures. Today, he is not only the face of his company, which manages around ten trillion US dollars, but also a man whose opinions move markets. Particularly intriguing is that Fink, long considered a Bitcoin skeptic, is now a proponent of “digital gold.” And BlackRock, of all companies, has enjoyed enormous success with its Bitcoin spot ETF—a turning point that reveals much about Fink's power and the status of Bitcoin.

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