BlackRock’s Fink Calls Leverage ‘Wiped Out’ as Bitcoin ETFs Log $107.7M Clean Sweep

BlackRock’s Fink Calls Leverage ‘Wiped Out’ as Bitcoin ETFs Log $107.7M Clean Sweep

Spot Bitcoin ETF inflows are staging a clean comeback, and the world's most influential asset manager just handed the crypto market a high-profile vote of confidence.

BlackRock CEO Larry Fink told CNBC on July 15 that he is "very bullish" on the crypto market over the next 12 months, comments that landed on the same day spot Bitcoin ETFs recorded $107.7 million in net inflows with zero outflows across the board.

BlackRock's own IBIT, the iShares Bitcoin Trust, accounted for $80.8 million of the day's total inflows. Fidelity's FBTC contributed $16.9 million, while the Grayscale Bitcoin Mini Trust added $10 million.

Not a single competing fund recorded an outflow, making July 15 a rare clean sweep across the entire spot Bitcoin ETF category.

That kind of broad-based, zero-outflow session is more meaningful than the headline number alone. It signals that institutional allocators are not rotating between funds; they are adding net new capital across the board.

For retail traders watching ETF flow data as a sentiment indicator, that distinction matters: directional consensus among ETF buyers tends to precede sustained price momentum.

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Fink's Core Argument: Leverage Is Gone, Stability Is Real

Fink's bullish call rests on a specific structural case, not just sentiment. He told CNBC that excessive leverage in Bitcoin has been wiped out – and that this is the reason for BTC trading with greater stability at current levels.

Bitcoin was trading near $65,000 after a rebound, with an intraday range of $64,000 to $65,507 and trading volume holding steady at approximately $28 billion over the past few days.

Fink also highlighted tokenization – the process of representing ownership of real-world assets like bonds or real estate as digital tokens on a blockchain, as a core driver of crypto's long-term value. He framed investment in data centers, chips, and compute infrastructure as the next revolution in finance. The comments reflect a broader evolution: the CEO of a $15 trillion asset manager is no longer treating crypto as a speculative curiosity.

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Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.Read original story BlackRock's Fink Calls Leverage 'Wiped Out' as Bitcoin ETFs Log $107.7M Clean Sweep by Alex Ioannou at 99bitcoins.com

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