1988 (New York City, NY)
Laurence D. (Larry) Fink
Publicly Traded
NYSE: BLK (ETF: IBIT)
~$10.5+ Trillion (World Leader)
>500,000+ BTC (Leading ETF Issuer)
Larry Fink, Robert Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Keith Anderson, Ralph Schlosstein.
Larry Fink holds a BA and an MBA from UCLA. He began his career at First Boston, where he pioneered the mortgage-backed securities market. After experiencing a major trading loss due to unmanaged interest rate shifts, he co-founded BlackRock in 1988 around a core discipline of technology-driven risk management. He built Aladdin®, the financial engine overseeing tens of trillions in global assets. His historical pivot on Bitcoin—transitioning from skepticism to championing the iShares Bitcoin Trust (IBIT)—provided the institutional stamp of approval that integrated Bitcoin into mainstream global finance.
blackrock.com
Institutional ETF & Asset Rails
BlackRock provides the ultimate traditional financial bridge for digital assets. Its flagship vehicle, the iShares Bitcoin Trust (IBIT), holds physical Bitcoin in segregated cold storage managed by Coinbase Custody. The product integrates natively with traditional prime brokerages, clearinghouses, and wealth management platforms, enabling seamless portfolio allocation for pension funds, endowments, and retail investors.
Vertical Assets
- iShares Bitcoin Trust (IBIT)
- iShares Ethereum Trust (ETHA)
- BUIDL (Tokenized Liquidity Fund)
- Aladdin® Enterprise Risk Operating System
Institutional Partners
- Coinbase Custody Trust Co. (Prime Custodian)
- The Bank of New York Mellon (Administrator)
- Authorized Participants (Jane Street, JP Morgan)
Strategic Value
BlackRock legitimizes Bitcoin within the global fiduciary framework. By providing a spot ETF wrapper backed by physical BTC, IBIT eliminates self-custody operational risks for conservative capital allocators, opening liquidity pipelines that connect global capital markets directly to Bitcoin’s 21-million fixed supply.
| Primary Business Revenue | Investment Advisory, Administrative & Aladdin Fees |
| IBIT Expense Ratio | 0.25% Standard Sponsor Fee |
| IBIT Milestone | Fastest ETF to reach $10B AUM in financial history |
| Custody Architecture | Segregated Cold-Storage Physical Vaults |
| Long-Term Vision | Universal Tokenization of Global Real-World Assets (RWA) |
| Corporate Domicile | New York City, New York, USA |
Capital Market Magnet: IBIT acts as a constant net absorber of on-chain supply. The trust accepts creation orders from Authorized Participants, acquiring spot Bitcoin on the open market and holding it in cold storage indefinitely to match shares outstanding.