Bitcoin ETF Investors Show Diamond Hands: Only $6.5B In Outflows Since October 10

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Ah, the joys of Bitcoin ETFs – a true testament to the indomitable spirit of investors who’ve discovered the art of holding on through thick and thin. You know, just a mere $6.5 billion in outflows since October 10, and yet, the drama surrounding the cryptocurrency market remains utterly delightful. But fear not, darling readers, for some experts are here to assure us that the “real story” is not, in fact, about those puny outflows.

ETFs Investors Hold Strong Despite Market Downturn

On Thursday, Nate Geraci, co-founder of the ETF Institute, declared with a flourish that Bitcoin ETF investors have shown the strength of “diamond hands” during this latest round of crypto market melodrama.

The flagship crypto, darling Bitcoin, has fallen a mere 48.2% from its October 6, 2025, all-time high. Ah yes, five months of glorious hemorrhaging after the fateful October 10 crash – isn’t it simply riveting? But do not fret, the drama continues.

Since that little hiccup, spot Bitcoin ETFs have witnessed outflows of a meager $6.5 billion. But – and here’s the twist – according to our financial savant, this is but a “drop in the bucket” compared to the grandiose $55 billion net inflow the ETF category has basked in since its January 2024 launch. My, my, what a small price to pay for that delicious $55 billion cocktail, no?

But let’s not forget, crypto-based investment products have seen five weeks of outflows this year, with Bitcoin trailing the pack. A touch of negativity, you see, has clouded the market sentiment. In fact, Bitcoin is experiencing the weakest mood swings among major assets at the moment – truly dramatic.

According to SoSoValue data, BTC funds have experienced net outflows totaling $3.81 billion since January 23, kicking off this week with a lovely $203.82 million in outflows on Monday. Delightful, isn’t it?

However, ever the optimist, Geraci sees the glass half full. With a three-day streak of inflows, Bitcoin ETFs are showing signs of life – a glorious $1 billion of inflows in just three days. Could this be the beginning of their greatest week since mid-January? One can only hope.

Geraci reminds us that “50% drawdowns are a walk in the park for long-time BTC investors.” Yet, even newer ETF investors, bless their hearts, seem unperturbed by the current market conditions. Clearly, they are buying the dip, darling. What could possibly go wrong?

Bitcoin ETFs Strength Is The ‘Real Story’

Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, couldn’t agree more, darling. He swooped in to back Geraci’s statement, praising the impressive performance of Bitcoin ETFs over the past two years. The audacity!

“As an ETF watcher, you know just how absurd this strength amid a 50% drawdown is,” Balchunas declared. “This is the real story, my dear. Not the measly $6 billion that slipped away.” Could this be the start of a new trend in financial journalism? One can only dream.

Balchunas further took aim at the narrative suggesting that crypto is “paying the price” for being financialized. To which he countered, “$55 billion in net new cash over two years is the opposite of paying the price.” A rather charming comeback, wouldn’t you say?

In a particularly scintillating interview, the senior analyst pointed out that Bitcoin held by ETFs is down a mere 6%, despite the market pullback. He observed that such corrections are a part of the natural order of assets, much like the periodic tantrums of a toddler. They happen, they pass, and everyone moves on with their lives.

“Stocks have the same thing. Every time stocks go down, I remind myself and others that stocks have a 100% perfect record of coming back to hit all-time highs from a downturn. So, why would I worry that much, right?”

Balchunas further assured us that these assets can have “really horrible streaks,” but when the tide turns, the inflows return with gusto. The price volatility and market pessimism are, after all, “the cost of the holy grail returns that most people have gotten.” Oh, the sweet agony of success.

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2026-02-28 06:58