BlackRock CEO Larry Fink Reverses Bitcoin Stance, Embracing Cryptocurrency in Institutional Investment

In a significant move within the financial world, BlackRock CEO Larry Fink publicly reversed his stance on Bitcoin during the New York Times DealBook Summit on December 3, 2025. Fink’s evolution from skepticism towards cryptocurrencies to managing the largest spot Bitcoin ETF marks a major shift in the industry’s perspective on digital assets. He described this change as a ‘very glaring public example of a big shift’ in his opinions.