Confidence among holders of #ETFs remains strong.
Despite the 2026 correction, Bitcoin (BTC) spot ETFs have recovered 76% of the decline they experienced since reaching their peak in October 2025.
• Highest balance:
1.362 million Bitcoin
• Lowest balance in 2026:
1.258 million Bitcoin
• Last balance:
1.337 million Bitcoin.
Yes, ETF holders distributed their holdings from October to February.
However, since then, they have resumed accumulating during periods of price declines instead of fully distributing.
We are now entering the first real test for ETF holders in a bearish environment.
So far, the response has been positive:
1️⃣ ETF balances are recovering
2️⃣ The risk index remains low
3️⃣ Bitcoin has recovered its key base levels. But what happens next is crucial.
If ETF balances continue to rise while risk remains low, Bitcoin could continue its growth to $83,000, and then later to between $84,000 and $86,000.
However, if fund accumulation stops as risk increases, the market structure will be vulnerable again.
Financial flows remain the cornerstone of this recovery.