BlackRock CEO Larry Fink expressed a bullish outlook on Bitcoin, citing its increased stability as leveraged positions have diminished in the market. In a recent CNBC interview on July 15, 2026, Fink noted that concerns around use have largely subsided since the downturn from Bitcoin's October 2025 peak. He stated, “I’m very bullish on the markets over the next 12 months,” attributing part of his optimism to profit gains driven by artificial intelligence.

Fink's comments come as BlackRock reported record assets under management, totaling $15.3 trillion, with net inflows reaching $192 billion and revenue rising by 31% year-over-year to $7.1 billion. However, the company's digital assets segment faced a significant drop, with assets under management decreasing by 39%, from $79.6 billion a year earlier to $48.8 billion as of June 30, 2026, despite new investments totaling $15.1 billion.

This shift in tone marks a notable change from Fink's remarks at the New York Times DealBook Summit in December 2025, where he characterized leveraged Bitcoin buyers as a significant issue and suggested that fear drives investment in Bitcoin. As of mid-2026, Bitcoin had fallen approximately 37%, dropping from nearly $95,000 in January to below $59,000 by June 30, but the easing of use concerns suggests a potential stabilization.

Fink's insights are particularly valuable due to his position overseeing BlackRock's iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF in the U.S. This perspective allows him to monitor buying behaviors and use levels among Bitcoin investors. While his views indicate that forced liquidations like those seen in late 2025 are less likely, it does not guarantee a complete absence of market volatility.

The upcoming quarterly earnings report from BlackRock, expected in October, will serve as a crucial indicator of market trends. Should inflows into IBIT and other crypto products close the approximately $45.8 billion gap between new investments and lost value, it would provide further support for Fink’s optimistic outlook. Conversely, a widening gap could indicate that the process of unwinding use is not yet complete.

The analysis from Fink suggests that one of the leading voices on Wall Street believes the use issue affecting Bitcoin's volatility is diminishing. However, this does not imply that volatility will vanish entirely or dictate the timing for new buyers. Investors are advised to keep a close watch on ETF inflow data in the coming months, as this will be a more telling signal than further commentary from executives.

This article is for informational purposes only and does not constitute financial advice. Do your own research before making any investment decisions.