Bitcoin continues to face pressure as its price has fallen nearly 50% from its peak, but the spot Bitcoin ETF in the United States is still showing strength with a net inflow of $53 billion despite the renewed turmoil in the crypto market.
At the time of writing, Bitcoin is currently trading at $67,193, up 0.01% since it opened early Friday in Asian trading.
This figure proves that despite the selling pressure and fragile sentiment, institutional investors have not really taken their feet off the market.
According to Bloomberg analyst Eric Balchunas, the amount remains strong even though the ETF previously hit a peak of $63 billion in October before facing several months of redemptions.
More interestingly, this achievement far exceeded initial projections that only expected inflows of around $5 to $15 billion over two years.
Since its approval in early 2024, the spot Bitcoin ETF has been a major catalyst for the rise in the price of the world's largest cryptocurrency.
Products like BlackRock’s iShares Bitcoin Trust even made history by becoming the fastest ETF to reach $70 billion in assets under management.
It also solidified the role of large institutions in shaping the new landscape of the crypto market.
Entering 2026, the challenge is becoming more pronounced as Bitcoin prices return to around $60,000 and the debate over crypto’s four-year cycle heats up again.
However, firms like Bitwise believe that the influx of institutional capital since 2024 may have changed the traditional market pattern, making Bitcoin’s movements more influenced by macro factors and long-term investors than by retail speculation alone.
