According to Forbes, BlackRock CEO Larry Fink predicted in his 2026 annual letter to shareholders that the cryptocurrency business could become a $500 million annual revenue segment for the company within the next five years. Currently, BlackRock manages approximately 800,000 bitcoins—valued at around $55 billion—through its spot Bitcoin exchange-traded fund (ETF), generating roughly $250 million in annual fees from the iShares Bitcoin Trust ETF. Its tokenized fund, BUIDL (USD Institutional Digital Liquidity Fund), has become the world’s largest tokenized fund, with assets under management exceeding $2 billion. Fink stated that BlackRock’s total assets under management related to digital assets have approached $150 billion, including $65 billion in stablecoin reserves and nearly $80 billion in digital asset exchange-traded products. Fink again emphasized the strategic importance of blockchain tokenization, noting its potential to transform traditional assets such as stocks, bonds, and real estate into on-chain tradable tokens, comparing this trend to the rapid growth of the internet in the 1990s. He also warned that if the United States fails to accelerate its digital and tokenization efforts, it risks being overtaken by other nations.
BlackRock CEO Predicts $500 Million Annual Revenue from Crypto Business in Five Years
TechFlowShare
Summary
BlackRock CEO Larry Fink stated in his 2026 letter to shareholders that the firm’s crypto business could reach $500 million in annual revenue within five years. The firm’s Bitcoin ETF news reveals it currently holds approximately 800,000 BTC, valued at $55 billion, and generates roughly $25 million annually from the iShares Bitcoin Trust ETF. Its tokenized fund, BUIDL, with $2 billion in AUM, leads globally. BlackRock’s digital asset AUM is nearing $1.5 trillion, including $65 billion in stablecoins and $80 billion in ETFs. Fink compared blockchain’s growth to the internet boom of the 1990s and warned that the U.S. risks falling behind without faster action.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.