2025-12-04 22:27:41

BlackRock CEO Larry Fink just admitted he was dead wrong about Bitcoin. The guy who once dismissed crypto? Now he's basically saying he didn't see it coming. This isn't some random investor flipping—this is the head of the world's largest asset manager eating his words. Makes you wonder what changed his mind. Was it the ETF success? Client demand? Or maybe he finally got what decentralized money actually means. Either way, watching traditional finance heavyweights reverse course never gets old. The shift from skeptic to... well, less skeptic tells you something's moving beneath the surface.

BTC-2.64%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

GateUser-26d7f434

· 19h ago

Nah, this guy used to talk mad trash about the crypto space, and now he’s slapping himself in the face this fast? Kinda can’t hold it in, haha.

View OriginalReply0

screenshot_gains

· 12-04 22:55

Damn, Fink finally gave in. The speed at which this whale changes sides is insane.

View OriginalReply0

Liquidated_Larry

· 12-04 22:54

Larry Fink's change of stance shows that traditional finance can no longer sit still, haha.

View OriginalReply0

RektRecorder

· 12-04 22:54

Haha, has the old man finally figured it out? But I just want to know when he’ll truly get the essence of decentralization. --- What does Fink backing down say... those traditional finance guys are still way too slow, we’ve known this for ages. --- Wait, is he changing his tune now just because he realized there’s money to be made? Stop pretending. --- This guy suffered losses for so many years before admitting he was wrong, I bet crypto folks have been laughing their heads off. --- Isn’t it just that as soon as the ETF came out, clients started clamoring for Bitcoin? That’s the real reason for his “epiphany.” --- What’s the point of regretting now? Where was he earlier...

View OriginalReply0

TokenStorm

· 12-04 22:42

From a technical perspective, the shift in attitude of major institutions is often a lagging confirmation of on-chain data anomalies. Fink's recent concession basically indicates that institutional funds are already quietly building positions. The arbitrage opportunity lies in this expectation gap, but I still have to add a disclaimer [dog head].

View OriginalReply0

Blockblind

· 12-04 22:40

It's honestly funny that fink chickened out. He was so cocky before, but now he's acting like this. Reality really does teach people a lesson.

View OriginalReply0

Tokenomics911