BlackRock CEO: Bitcoin Could Replace US Dollar as Global Reserve Currency

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In his 2025 annual letter to investors, BlackRock CEO Larry Fink warned that the United States could lose its global reserve currency status to Bitcoin.

“If the US doesn’t control its debt and deficits, it risks losing its position to digital assets like Bitcoin,” he wrote.

This aligns with BlackRock’s strategic moves, as the firm has accumulated over 575,000 BTC since launching its spot Bitcoin ETF, reinforcing its status as both the largest asset manager and the leading Bitcoin holder in the ETF space.

Fink’s comments and the firm’s Bitcoin strategy indicate that BlackRock sees Bitcoin as the leading digital asset poised to shape the financial future.

While supporting digital innovation, Fink cautioned that this technology could diminish America’s edge if investors consider Bitcoin a safer alternative to the dollar.