The crypto market is undergoing a major narrative shift as traditional finance giants embrace blockchain technology. Leading the charge is BlackRock, the world’s largest asset manager, which appears to be broadening its focus beyond Bitcoin and leaning heavily into Ethereum and real-world asset tokenization.

This surge of institutional enthusiasm, recently discussed in an Altcoin Daily video, signals a new era for digital assets one where Wall Street’s capital could reshape the future of decentralized finance (DeFi).

Ethereum Becomes BlackRock’s New Focus 

While BlackRock CEO Larry Fink has long referred to Bitcoin as “digital gold,” the firm’s tone has recently pivoted toward Ethereum’s expanding role in global finance.

In a recent CNBC interview, Jay Jacobs, BlackRock’s Head of U.S. Equity ETFs, emphasized how the company views Ethereum as the “core engine” of next-generation finance.

He elaborated that tokenizing real-world assets such as stocks, bonds, or real estate can dramatically reduce costs and settlement time, bringing new efficiency to capital markets.

BlackRock’s spot Ethereum ETF has already attracted strong investor inflows, reflecting growing institutional demand for Ethereum exposure. As Jacobs summarized, this trend could make blockchain technology “the next big leap for global finance.”

SWIFT and Global Banks Integrate Ethereum-Based Solutions

Adding to this narrative, Ethereum co-founder Joe Lubin, who also serves as the CEO of ConsenSys, confirmed that SWIFT, the world’s largest interbank network, is now integrating Ethereum-based blockchain solutions.

This marks a historic milestone for blockchain adoption, as institutions that once deemed DeFi too risky are now actively building on Ethereum’s infrastructure. The move suggests that the institutional blockchain adoption cycle is entering a more mature and mainstream phase.

Solana and Bitcoin Join the Institutional Adoption Trend

The conversation didn’t stop with Ethereum. Bitwise CIO Matt Hougan described Solana SOLUSDT as “one of the strongest setups I’ve seen in eight years,” citing rising ETF optimism, increased developer activity, and a rapidly expanding DeFi ecosystem.

Analysts predict that Solana’s price could rally to the $290–$345 range if Solana ETFs gain regulatory approval this quarter. This optimism positions Solana as a leading contender in the next phase of institutional crypto adoption.

Meanwhile, Bitcoin continues to solidify its status as digital gold, with ETF holdings surpassing 1.47 million BTC. Analysts project that if the current institutional Bitcoin adoption pace continues, prices could soar between $600,000 and $1.3 million per BTC over the next cycle.

FAQs

Why is BlackRock shifting focus to Ethereum and tokenization in 2025?

BlackRock sees Ethereum as the backbone for tokenizing real-world assets like stocks and bonds, slashing costs and speeding up trades—unlocking trillions in efficiency for global finance.

How is SWIFT integrating Ethereum for banking in 2025?

SWIFT is building a 24/7 crypto payments system on Ethereum’s Linea layer-2 with ConsenSys, blending TradFi reliability with blockchain speed to cut costs and enable real-time global transfers.

How is institutional adoption changing crypto in 2025?

Wall Street giants like BlackRock and SWIFT are embracing blockchain for DeFi bridges, tokenization, and ETFs—boosting liquidity, trust, and mainstream access while curbing past risks.