TechFlow reports that on March 25, according to Forbes, BlackRock CEO Larry Fink predicted in his 2026 Letter to Shareholders that the cryptocurrency business could become a $500 million annual revenue stream for the company within the next five years.
Currently, BlackRock manages approximately 800,000 bitcoins through its spot Bitcoin exchange-traded fund (ETF), with an asset size of roughly $55 billion, generating about $250 million in fee revenue annually 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 digital-asset-related assets under management have approached $150 billion, including $65 billion in stablecoin reserves and nearly $80 billion in digital-asset exchange-traded products.
Fink reiterated the strategic significance of blockchain-based tokenization, noting that it enables traditional assets—such as equities, bonds, and real estate—to be transformed into on-chain, tradable tokens. He likened this trend to the rapid development of the internet in the 1990s. He also warned that if the United States fails to accelerate its digital and tokenization initiatives, it risks being overtaken by other countries.
