Suche
Mein Konto
Fink: Gold and crypto as a safety net against financial fears!
Larry Fink, CEO of BlackRock, calls gold and crypto “assets of fear” and discusses their role in uncertain times.
Fink: Gold and crypto as a safety net against financial fears!
On November 1, 2025, BlackRock CEO Larry Fink made notable comments about the role of gold and cryptocurrencies during a panel at the Future Investment Initiative (FII) in Riyadh, Saudi Arabia. Fink referred to these two assets as “assets of fear,” explaining that more and more people are owning them to protect themselves against “optimism.”
Fink explained that fear of asset devaluation and financial uncertainty are the main reasons for interest in crypto assets and gold. These assets offer investors the opportunity to hedge and diversify their portfolios, but he cautioned that crypto should not make up the majority of a portfolio.
The development of Bitcoin
In a separate interview with 60 Minutes, Fink discussed his initial skepticism about Bitcoin. He once viewed the leading cryptocurrency as a space primarily used by money launderers and thieves. However, with technological developments and constantly challenged market assumptions, his opinion has changed.
Fink now sees Bitcoin and other crypto assets as a serious investment opportunity and recognizes their role in diversification. His revised view of cryptocurrencies is reflected in the continued integration of digital assets into mainstream financial systems, with BlackRock playing a key role.
In summary, Fink's flexible take on gold and crypto not only reflects his personal opinion, but also brings into focus a larger trend within the investment community. It turns out that the need for security in uncertain times is driving many investors to explore traditional and modern forms of investment.
For more information on Fink's comments, you can read the full article at Daily Hodl read up.