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Cathie Wood says BlackRock’s Bitcoin pivot signals broader institutional entry into crypto
May 5, 2026
< 1 min read
by Micah Abiodun
for CryptoPolitan
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Cathie Wood says BlackRock CEO Larry Fink's shift from Bitcoin skeptic to tokenization advocate serves as an "entry permission" for pension funds and sovereign wealth funds, lowering institutional barriers to crypto adoption (source: The Rollup podcast). The endorsement of tokenization by a major asset manager is likely to accelerate institutional inflows, boost adoption of tokenized assets, DeFi activity and token launches, and improve market legitimacy and fundraising prospects.
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ARK Invest CEO Cathie Wood said BlackRock CEO Larry Fink’s shift from a long-time Bitcoin skeptic to an advocate of tokenization is helping clear the way for more institutional investors to enter the digital asset space. Speaking on The Rollup podcast, Wood described Fink’s evolving stance as “entry permission” for pension funds, sovereign wealth funds,...
