BlackRock CEO Larry Fink Sees 'Huge' Growth for Bitcoin and Digital Assets In a recent conference call, BlackRock CEO Larry Fink expressed his belief in the legitimacy of Bitcoin as an asset class and predicted significant growth for digital assets in the future. He stated that BlackRock is actively engaging with clients worldwide to discuss their interest and allocation strategies in digital assets. Fink believes Bitcoin has the potential to serve as an alternative to traditional stores of value such as gold and real estate. He also sees a substantial future role for Ethereum and similar distributed ledger systems. Regulation and Liquidity Key for Digital Asset Growth Fink emphasized the importance of regulation in the digital asset space, not for its own sake but to enhance liquidity and transparency. He drew parallels to the mortgage market, where greater availability of data and analytics led to significant market growth. He anticipates a similar trajectory for digital assets. Key Points: BlackRock CEO Larry Fink believes Bitcoin is a legitimate asset class. He predicts "huge" growth for digital assets in the future. Fink views Bitcoin as an alternative to gold and real estate. He also sees significant potential for Ethereum-like distributed ledger systems. * Fink believes regulation is crucial for enhancing liquidity and transparency in the digital asset space.