BlackRock highlights the growing interest of central banks in alternative assets such as Bitcoin and gold in light of global de-dollarisation.
De-Dollarisation and Investment in Bitcoin
BlackRock indicates a global trend of de-dollarisation, where central banks and institutions are increasing allocations to gold and Bitcoin. This strategy is exemplified by institutional flows into Bitcoin ETFs.
Rise of Bitcoin Reserves Among Central Banks
In response to de-dollarisation, central banks from China, India, and Russia have increased their gold holdings. BlackRock's iShares Bitcoin Trust has become a crucial vehicle for this shift. The rise in central bank gold reserves has significantly increased Bitcoin's value, reaching an all-time high of $123,091.61 by mid-2025, reflecting unprecedented demand.
Impact of Bitcoin on the Financial Market
“We are seeing a profound shift among sovereign wealth and pension funds, who are now allocating not only to gold but also to digital assets like Bitcoin, as part of their strategic response to global currency realignment,” said Larry Fink, CEO of BlackRock. This diversification of reserves mirrors adjustments seen after the Bretton Woods period, marking Bitcoin's inclusion as a notable shift.
The trends of de-dollarisation and central banks’ growing interest in Bitcoin and gold may lead to the development of new financial strategies and changes in reserve approaches.
