On March 31st, BlackRock's CEO, Larry Fink, announced that he will expand investment opportunities in private markets for millions of individual investors, instead of limiting them to the wealthy group. He emphasized that ordinary people should also benefit more from economic development, rather than having all benefits fall into the hands of a small group of large investors.

Fink believes that capitalism in recent years has only served a few people, leading to widespread economic insecurity. He warns that current economic anxiety is more serious than at any recent time. According to him, expanding investment channels and enabling small investors to access private assets could help alleviate these pressures.

USD May Lose Its Position, Bitcoin Becomes an Alternative

In his annual letter to investors on Monday, Larry Fink also addressed instability in the global financial system. He warned that the USD's position as a global reserve currency is "not guaranteed forever", and emphasized that the US needs to strictly control public debt to maintain economic stability.

Notably, the BlackRock CEO also suggested that the USD may lose its leading position, opening opportunities for digital assets like Bitcoin to play a replacement role. This is an important statement, especially in the context of the increasingly developing cryptocurrency market attracting attention from major financial institutions.

As the head of the world's largest investment fund, Larry Fink's perspective on Bitcoin could strongly impact market sentiment and investment strategies of many individuals and organizations. In recent years, BlackRock has also shown significant interest in the cryptocurrency market, especially after launching a spot Bitcoin ETF in the US.

The expansion of private investment channels along with the potential for USD to lose its position to Bitcoin are two important issues that investors need to follow in the coming time.