Gate News Report, March 25 — Larry Fink, CEO of BlackRock, stated in the 2026 annual letter to shareholders that cryptocurrencies and other high-growth markets “could become a $500 million revenue source within the next five years.” Fink has become one of Wall Street’s most optimistic supporters of Bitcoin and cryptocurrencies.
A November report shows that BlackRock manages approximately 8 million Bitcoin, valued at $55 billion, on behalf of clients through its leading spot Bitcoin ETF. The firm currently earns about $250 million annually from its iShares Bitcoin Trust ETF. Additionally, BlackRock’s USD Institutional Digital Liquidity Fund (Buidl) has become the world’s largest tokenized fund, with assets under management exceeding $2 billion last year.
Fink stated, “BlackRock has established an early leadership position in bringing institutional-grade products to the digital markets. Currently, nearly $150 billion of the assets we manage are related to digital assets.”
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