BlackRock's CEO, Larry Fink, has recognized that Bitcoin could challenge the U.S. dollar as the main global currency. In his 2025 letter to shareholders, he warned that increasing U.S. debt might push investors toward Bitcoin.
- Fink mentioned Bitcoin seven times and the dollar eight times in his letter.
- BlackRock's Bitcoin ETF has quickly amassed over $50 billion in assets.
- Many new investors are participating in Bitcoin for the first time.
Key Figures | Value |
---|---|
Bitcoin ETF Assets | $50 billion |
Investor Participation | 75% first-time iShares users |