2025-12-28 08:03:32

Recently, at an industry summit, BlackRock CEO Larry Fink candidly reflected on his changing attitude towards Bitcoin, and the process of this transformation is quite interesting.

He openly admitted that he did say in 2017 that Bitcoin was a "money laundering index and a thief," but now he has changed his tune. This is not a simple shift in stance but a thoughtful evolution of perspective. Fink emphasized that people must continuously evolve, and he gradually changed his understanding through in-depth conversations with believers in the crypto industry. Especially between 2021 and 2022, this process accelerated.

From opposition to embrace, from criticism to leading the world's largest Bitcoin ETF, BlackRock's transformation represents a significant shift in traditional finance's attitude towards crypto assets. This reflects the gradual maturity of Bitcoin as an asset class and increasing mainstream acceptance. Even skeptics in the past have had to adjust their strategies in light of market realities and industry development.

Fink's story reminds us of the importance of maintaining an open and learning mindset in the rapidly evolving crypto ecosystem.

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MetaMaximalist

· 2025-12-30 07:31

lol fink finally catching up to what we understood back in 2017... network effects don't lie, even if ceos do 🤷

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ProposalDetective

· 2025-12-30 03:18

Fink's transformation is incredible. In 2017, he criticized the money laundering index, and now he's leading the Bitcoin ETF. Truly a trendsetter.

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ResearchChadButBroke

· 2025-12-28 08:33

Really amazing, Fink went from "Money Laundering Index" to the father of Bitcoin ETF, this transition is a bit outrageous.

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PumpingCroissant

· 2025-12-28 08:30

Haha, Fink's transformation is so fast. The money laundering index from back then has now become an ETF cash cow. This deal was worth it. They talk about evolution, but in reality, they just smell the money. Traditional finance is like this: criticize first, then enter the market, and then pretend to be thoughtful. It's really the market forcing you to change your tune. Stop with this act. If you ask me, it's just being forced to admit defeat. That group of trolls from 2017 are now all Bitcoin's fathers. It cracks me up. So the key is to trust yourself. Don't wait for traditional finance folks to figure it out slowly; it takes too much time. Basically, this story is all about money talks. There's nothing that can't be changed in opinion. BlackRock's move was really clever—first devalue, then harvest. The retail investors should wake up. Their speed of changing viewpoints is truly on par with how fast we change our positions.

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RugResistant

· 2025-12-28 08:25

ngl, fink's flip is sus but predictable... money talks louder than principles, always does. just analyzed his timeline & the exploit vector here is obvious—waited until btc matured enough to capitalize. textbook pattern. DYOR but yeah, we all knew trad finance would eventually cave when the numbers checked out. red flags on the "learning journey" narrative tho lol

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IfIWereOnChain

· 2025-12-28 08:22

Fink was a different person before and after. In 2017, he was still criticizing money laundering tools, and now he's here with Blackstone's real gold and silver. It's a typical pattern of first denying and then embracing. It's a bit ironic, but that's the reality—once the money is in place, the attitude changes. Wait, did he really change his tune after listening to advice? Or did Blackstone realize this cake is too big to ignore and had to join in? I've always said that the day traditional finance seriously enters the scene will be the true breakout moment for Bitcoin. I'm actually more concerned about how long his current stance can hold, especially during the next bear market.

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EyeOfTheTokenStorm

· 2025-12-28 08:08

Looking at Fink's transformation, to put it simply, the market cycle is teaching people how to behave. In 2017, criticizing money laundering, now leading BTC ETF, the data speaks for itself... The technical aspect of this wave of market行情确实改变了传统金融的认知结构。 --- BlackRock went from opposition to all-in, behind this is the inevitable logic of large institutional entry. Risk warning: retail investors, don't be fooled by this kind of story; institutional entry does not mean a bottom signal. --- Another cliché "people must keep evolving"... sounds good, but in reality, it's just that their stance changes once they start making money. --- From a quantitative perspective, the change in institutional attitude itself is an important indicator of market maturity. But how long this bottoming pattern can last is the key. --- Fink's story tells us—there are no eternal opponents, only eternal interests. The mainstreaming of Bitcoin has long been embedded in the technical analysis. --- Criticized in 2017, bought in 2024, this "first suppress then rise" operation might happen again. Historical data cycles like this... --- It's hilarious, when institutional bigwigs change their tune, it becomes "maintaining an open mindset." If retail investors did this repeatedly, they'd be called out for being chives.

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