BlackRock’s CEO, Larry Fink, confirmed on October 15, 2025, during a Q3 earnings call, that their clients view Bitcoin as digital gold, not for global payments.
This stance affects Bitcoin’s role in financial markets, highlighting institutional interest in stablecoins and Ethereum for payments and yield generation.
BlackRock has clarified its stance on Bitcoin, emphasizing its use as a store of value rather than a global payment option. This statement is backed by recent communications from key executives within the company, offering clarity on the matter.
BlackRock Highlights Bitcoin as a Long-term Investment
Robbie Mitchnick, head of digital assets at BlackRock, highlighted the perception of Bitcoin as a long-term investment. The firm’s CEO, Larry Fink, echoed this sentiment, noting Bitcoin’s role as digital gold and portfolio hedge.
“Bitcoin continues to be viewed by our institutional clients as a long-term store of value, with limited appetite for its use in global payments due to volatility and infrastructure constraints.” Source: BlackRock Investment Institute, “Crypto Outlook 2025”, October 2025
Institutional Interest in Bitcoin as Inflation Hedge
Major institutional investors maintain interest in Bitcoin for its store-of-value properties. This aligns with Bitcoin’s enduring narrative of being a hedge against inflation and economic uncertainty, despite market volatility.
Stablecoins, meanwhile, are gaining traction for payments due to their stability and less volatile nature. Ethereum is also becoming more attractive, driven by its DeFi integration and staking benefits, indicating a shift in investment focus.
BlackRock’s ETF Filings Emphasize Non-Transactional Bitcoin
BlackRock’s current stance is consistent with its past actions, including its Bitcoin ETF filings that focused on holding assets long-term. Such choices resonate with Bitcoin’s established reputation as a non-transactional asset.
According to experts, BlackRock’s strategy reflects a broader industry shift toward yield-bearing assets like Ethereum and stablecoins. These trends are supported by data indicating increased investor interest in staking and DeFi opportunities.
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