Larry Fink Compares Crypto to Gold on 60 Minutes

3 mins mins

3 Key Insights:

Larry Fink says crypto offers a store of value similar to gold in uncertain markets.
BlackRock sees rising institutional interest as digital assets enter mainstream investment conversations.
Fink warns crypto remains volatile and urges investors to stay disciplined and cautious in approach.

*Larry Fink Compares Crypto to Gold on 60 Minutes*

BlackRock CEO Larry Fink appeared on 60 Minutes, where he compared cryptocurrencies to gold. In the interview, he said digital assets are becoming an option for those looking to protect their wealth, much like how investors have historically turned to gold during unstable economic periods.

BREAKING: 🇺🇲 BlackRock CEO Larry Fink said in a 60 Minutes interview that crypto has a role similar to Gold, as an alternative asset. pic.twitter.com/0ILR05p2uY
— Ash Crypto (@Ashcryptoreal) October 13, 2025

Fink described crypto as an “alternative asset” that sits outside the traditional financial system. While he made clear that crypto is not designed to replace money, he suggested it can serve a similar purpose by offering a store of value. This comparison may help investors better understand where digital assets could fit within a broader strategy.

Diversification Through Crypto Exposure

Fink also spoke about crypto’s role in portfolio management. He explained that adding digital assets to traditional holdings—such as stocks and bonds—can help reduce concentrated risk. Diversifying across asset classes has long been used as a way to balance volatility, and crypto is now being viewed by some as a part of that approach.

He said that more investors are starting to look at crypto not as a short-term trade, but as a longer-term tool within a balanced allocation. As the head of an asset manager overseeing trillions of dollars, his position may influence how institutions view this asset class.

Institutional Attention on the Rise

Large financial firms have been exploring digital assets with increasing interest. BlackRock has already introduced limited crypto exposure into a few of its investment products. Fink’s comments suggest that this interest is not temporary.

He acknowledged that several institutions—including banks and funds—are researching how crypto could support their portfolios. With BlackRock continuing to expand its understanding of digital markets, other firms may follow. These moves are part of a larger trend where digital and traditional finance are becoming more connected.

Risk and Volatility Still in Focus

During the interview, Fink cautioned that crypto is not without risk. He pointed out that digital asset prices can swing quickly and that the regulatory space remains in progress. He added, “Not all digital assets will hold value over time,” urging investors to be careful.

He advised the same level of discipline when investing in crypto as one would apply to any asset. While the technology is still developing, the market moves fast and is often driven by news, sentiment, and broader trends. For now, digital assets remain a space to watch—but not without caution.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.