In a significant development, BlackRock Bitcoin ETF, ticker symbol IBIT, crossed the $100 billion Assets Under Management (AuM) mark.
CEO Larry Fink says this is only the start of a shift toward tokenizing assets like real estate, stocks, and bonds.
He believes digital markets will play a key role in how investors manage wealth in the future.
BlackRock Inc’s IBIT ETF Reaches $100 Billion
BlackRock’s spot Bitcoin ETF, called IBIT, has reached $100 billion in assets. The fund has grown quickly since it was launched, showing rising interest in digital investments.
Larry Fink said the result shows how both retail and institutional investors are becoming more open to digital assets.
Fink said the success of IBIT is part of BlackRock’s wider plan to bring traditional finance closer to digital technology. He explained that two years ago, the fund had no assets.
Today, it stands at more than $100 billion, which he called a sign of how fast the market is changing.
He also mentioned that BlackRock’s digital work goes beyond Bitcoin.
The firm has launched a tokenized cash fund named Biddle, which allows investors to hold and move cash using blockchain systems.
Fink believes this is one way BlackRock can help people take part in digital markets safely while staying within financial regulations.
BlackRock Views Crypto Drop as Normal Market Action
When a recent $19 billion crypto sell-off shook the market, BlackRock did not see it as a major problem.
Market commentator Scott Melker said the company viewed the event as a “buying opportunity” rather than a reason for concern.
According to Melker, BlackRock’s view is that such market swings are normal in the digital space.
More importantly, the firm’s focus remains long term. Instead of reacting to short-term price drops, it looks for moments when strong assets become cheaper to buy.
Larry Fink and his team believe this approach gives BlackRock a credible advantage.
He said that during the third quarter, the company saw growth across all areas, from cash and equities to private markets and digital assets.
Again, the company’s crypto and ETF businesses both had strong quarters, showing that BlackRock’s growth does not depend on one single product or region.
This mindset fits with how BlackRock operates. The company manages a wide range of assets and often takes a cautious, steady approach to new markets.
In Fink’s view, Bitcoin and digital assets are simply another area where careful, long-term planning can create value over time.
Fink Calls Tokenization the Next Big Shift
In an interview with CNBC, Larry Fink said he believes the tokenization of assets is the next major change coming to global finance.
He explained that almost all types of assets such as real estate, stocks, and bonds could be represented digitally in the future.
Fink said tokenization would let investors move assets more easily and give more people around the world access to financial markets.
In the interview, Fink noted that more than $4.1 trillion in cash sits in digital wallets globally.
By turning assets like ETFs into tokenized products, BlackRock hopes to attract those digital investors and introduce them to traditional products such as retirement funds.
He said the goal is to create a single system where investors can hold cash, funds, and digital tokens together.
In his words, this would be the “next wave” for BlackRock, helping the company and its clients move from traditional systems toward a more digital world.
BlackRock’s steps toward digital assets and tokenization mark a turning point for the world’s largest asset manager.
The $100 billion IBIT milestone and Fink’s focus on tokenized products suggest the company is preparing for a future where finance and technology fully merge.
Whether this shift happens quickly or takes time, BlackRock appears ready to lead it.
Source: https://www.thecoinrepublic.com/2025/10/16/blackrock-ceo-eyes-tokenization-bitcoin-etf-ibit-crosses-100b/
