Larry Fink, the head of BlackRock who oversees $10.6 trillion, dropped a bombshell at this year's Davos Forum—he compared Bitcoin to the internet in 1996.

Keep in mind, just seven years ago, this Wall Street heavyweight was mocking cryptocurrencies as “tools for money laundering.” And now? He has personally launched the world’s most lucrative spot Bitcoin ETF, making a complete 180-degree turn in attitude.

Even more sensational is his prediction: if global institutions allocate 2%-5% of their assets to Bitcoin, prices surging to $500,000, $600,000, or even $700,000 wouldn’t be a dream. $100,000? That’s just the starting point.

How crazy is this shift? It’s just like the period before the internet bubble, when Wall Street went from skepticism to all-out embrace. The “Netscape moment” Fink refers to is the tipping point—the eve of technology’s mainstream explosion.

In 2025, institutional money is quietly entering the market. The tide really has turned. $BTC

BTC1.57%

View Original

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.

10 Likes

Reward
10
5
Repost
Share

Comment

0/400

StakeOrRegret

· 14h ago

Huh? Seven years ago they were slamming it as money laundering, now they're launching their own ETF to suck blood. That turnaround is insane. --- Fink's move here is betting on institutional FOMO, and us retail investors are just here to sip the soup. --- 500,000? 600,000? Let's wait until he discloses his own position data before talking. --- Internet moment? Looks more like the final wave to fleece retail investors, but I'm here to gamble anyway. --- Institutions coming in is a fact, but the real big players probably haven't entered yet. --- This guy dares to say anything now—if it goes up, he takes the credit; if it goes down, it's all the retail investors' fault. --- 2%-5% allocation sounds moderate, but in reality, that amount of money could shoot it to the moon. --- Davos, big predictions again—time to eat, everyone.

View OriginalReply0

SatoshiSherpa

· 14h ago

Fink changed his stance so quickly. Seven years ago he was criticizing money laundering, and now he's going all in? If institutions are really entering, these numbers might actually be conservative. Wait, is he really trying to buy the dip or does he genuinely believe in it? $500,000... sounds outrageous, but I can't quite say what's wrong with it. Every year people say the trend is shifting, but this time it feels different. $100,000 is just the starting point? Bitcoin is about to take off. Fink changes his mind faster than flipping a page, but it also shows when it's time to take things seriously.

View OriginalReply0

MetaverseLandlord

· 14h ago

Fink’s turnaround is even more intense than an IPO. The ones who criticized the most before are now making the most money—this is Wall Street. This time it’s not just hype; institutional money is the real hard currency. 500,000 isn’t a dream, it’s just a matter of who can hold out until that day. Seven years ago they were criticizing, now how much ETF fees have they pocketed? Heh. They said the same thing during the internet bubble back then—believe it or not, it’s up to you now. A 2%-5% allocation sounds safe, but those who can’t stick with it will still end up selling at a loss. You have to interpret everything Fink says the opposite way, folks. That old fox never wastes a word. The entry point is already at 100,000, now it’s all about who can resist checking the charts.

View OriginalReply0

fren_with_benefits

· 14h ago

Fink's 180-degree turnaround is truly remarkable, going from calling it a money laundering tool to now describing it as the internet moment—Wall Street just got a loud slap in the face.

View OriginalReply0

DefiVeteran

· 15h ago

Fink's 180-degree turn is truly incredible. Seven years ago, he was criticizing money laundering, and now he's launching his own ETF to attract funds. This is literally the Wall Street version of "can't resist the temptation."

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
250.1K Popularity
#DecemberMarketOutlook
42.96K Popularity
#PostonSquaretoEarn$50
4.31K Popularity
#LINKETFToLaunch
6.99K Popularity
#SharingMy100xToken
6.88K Popularity

Hot Gate FunView More

1
GRIZZTRENCHER
MC:$3.85KHolders:3
0.89%
2
GateonGateon
MC:$4.46KHolders:2
3.99%
3
GPGP
MC:$3.76KHolders:2
0.17%
4
SYNSynexia
MC:$3.72KHolders:1
1.06%
5
GCHADGIGA CHAD
MC:$3.65KHolders:1
0.73%

Sitemap