Bitcoin ETFs About to Turn Green Despite Massive BTC Price Plunge
News By Alex Dovbnya Wed, 11/03/2026 - 15:13 US spot Bitcoin ETFs are demonstrating "remarkable resilience" as fresh capital injections bring year-to-date flows to the brink of turning positive. Advertisement
Even though Bitcoin has suffered a 50% drawdown, the U.S. exchange-traded funds (ETFs) tied to the leading cryptocurrency are showing rather remarkable resilience.
AdvertisementRather impressive capital injections are pushing the year-to-date flows to the brink of turning positive.
Bloomberg Senior ETF Analyst Eric has noted that ETFs currently hold a combined 1.28 million Bitcoin. This, of course, makes them the largest collective holder in the world.
HOT Stories Ripple Cofounder Jed McCaleb Named on Forbes Rich List, Shiba Inu (SHIB) Has Chance to Break $3.5 Billion Price Threshold, Bitcoin Miner MARA Starts Selling BTC: Morning Crypto Report Ripple to Bag Crucial Australian LicenseETFs still own 1.28mil bitcoin, biggest holder in world as a group. And that’s DESPITE a 50% drawdown thrown at them. YTD flows just about to turn positive too. I think we’re around +$56b net net lifetime. #BoomerStrong https://t.co/gqtrb4HrWS?from=article-links
— Eric Balchunas (@EricBalchunas) March 11, 2026
Even though there was a painful streak of outflows, their buyers are seemingly refusing to capitulate.
AdvertisementAs reported by U.Today, Balchunas also recently praised the resilience of XRP ETFs as "really impressive" (considering that they were launched into a massive market correction).
Current Bitcoin ETF flows
According to the latest SoSoValue market data, the funds recorded a robust daily total net inflow of $250.92 million. They bring the cumulative lifetime net inflow to $55.79 billion.
AdvertisementThis capital injection pushed the total net assets held across all U.S. Bitcoin ETFs to $90.02 billion. This makes up more than 6% of Bitcoin's total global market capitalization.
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The total value traded across these instruments reached $3.60 billion for the day,
In late January and early February, the funds suffered a brutal capitulation phase, with $817.87 million net outflow on Jan. 29 and a subsequent $544.94 million loss on Feb. 4.
However, the tide definitively turned in late February and early March.
March 4, for instance, brought a massive $461.77 million inflow. This helped to offset earlier losses.
The performance of Bitcoin ETFs remains volatile, but one thing does not change: BlackRock's iShares Bitcoin Trust (IBIT) continues to absolutely dominate the sector. On March 10 alone, IBIT absorbed $185.76 million in fresh inflows.
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