Speaking at the World Economic Forum, Fink highlighted Bitcoin’s potential as a hedge against currency debasement and political instability. He predicted that sovereign wealth fund allocations of 2%-5% to Bitcoin could drive its price to unprecedented levels, ranging from $500K to $700K per BTC.
In its largest acquisition of 2025, BlackRock reportedly purchased $600 million worth of Bitcoin, solidifying its position as a crypto powerhouse. The company’s iShares Bitcoin Trust now holds 559,262 BTC, valued at approximately $58.51 billion.
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BlackRock has expanded its crypto offerings with the iShares Bitcoin Trust and iShares Ethereum Trust, allowing investors direct access to Bitcoin and Ethereum. These products are seen as crucial steps toward integrating crypto into traditional finance.
While Fink expressed optimism, he also noted Bitcoin’s volatility, emphasizing that significant corrections are common even in bullish markets. The road to $700K is filled with opportunities and risks.
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