Trump Vs Harris Doesn’t Matter for Bitcoin: BlackRock CEO

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

While the Trump vs Harris presidential race has become a focal point for the cryptocurrency industry, BlackRock CEO Larry Fink considers it inconsequential to Bitcoin’s long-term trajectory.

During a BlackRock Q3 earnings call on October 15, Fink noted that the 2024 U.S. election outcome may not significantly impact Bitcoin. He expressed uncertainty that “either President or other candidate would make a difference.”

Instead, he cited Bitcoin as an “asset class in itself” that could transcend global politics. Rather than a function of regulation, he noted continued crypto adoption to hinge on liquidity and transparency.

Here's full Larry Fink quote on bitcoin/digital assets from the Q3 earnings call, he says bitcoin asset class in itself, they talking with institutions worldwide about allocation, dig assets remind him of the early days of the mortgage market (now $11T) and POTUS won't make dif pic.twitter.com/McvpW7cCnB

Instead, Fink emphasized Bitcoin as an “asset class in itself” capable of transcending global politics. Rather than a function of regulation, he noted that the continued adoption of crypto hinges on liquidity and transparency.

“If we create more accessibility, more transparency, more analytics related to these assets, then it will expand,” Fink added.

This perspective underpins his belief that “the utilization of digital assets is going to become more and more of a reality worldwide,” regardless of jurisdiction.

Here's full Larry Fink quote on bitcoin/digital assets from the Q3 earnings call, he says bitcoin asset class in itself,