Despite a sharp 25% decline in Bitcoin’s price since the beginning of 2025, U.S. spot Bitcoin ETF investors are standing firm. Data from Bloomberg indicates that a staggering 95% of Bitcoin ETF holders have maintained their positions, signaling confidence in the long-term value of the cryptocurrency.
Bloomberg ETF strategist James Seyffart reported that while total ETF inflows have tapered slightly to $35 billion—down from a peak of $40 billion—the vast majority of investors have not exited their positions. Even major institutional players, such as Goldman Sachs, continue to hold over $1.5 billion in Bitcoin ETF exposure.
Currently, Bitcoin ETFs in the U.S. manage a combined $115 billion in assets, highlighting investor resilience despite market volatility. However, since mid-February, nearly $5 billion has flowed out of these funds, indicating that some investors are taking profits or adjusting their positions amid ongoing macroeconomic uncertainty.
Bitcoin Faces Market Pressure Amid Economic Shifts
Bitcoin’s recent price struggles have coincided with broader economic concerns, including ongoing U.S. tariff disputes and macroeconomic shifts. On March 13, U.S. inflation data revealed a cooling trend, momentarily pushing Bitcoin above $84,000. However, the cryptocurrency failed to sustain its rally and slipped back under key resistance levels.
Key market trends:
- Bitcoin Price Movement: As of press time, Bitcoin is trading at $81,953, down 1.56% in the last 24 hours.
- Trading Volume Decline: Daily trading volume has fallen by 22%, now below $30 billion.
- Liquidations Spike: Coinglass data shows $75 million in total liquidations within 24 hours, including $52 million in long positions.
Despite these bearish indicators, some analysts remain optimistic. Ki Young Ju, CEO of CryptoQuant, believes Bitcoin’s current stagnation is not an early sign of a bear market but rather a temporary phase of lower demand.
Long-Term Holders Continue Accumulating Bitcoin
While ETF outflows suggest some short-term selling pressure, on-chain data indicates that long-term Bitcoin holders are accumulating more BTC at an accelerating pace.
- Accumulation Surge: Prominent analyst Ali Martinez reports that long-term investors have added over 131,000 BTC to their wallets in the past month.
- Confidence in Bitcoin’s Future: Many of these investors view price corrections as opportunities to accumulate more BTC at lower valuations.
This accumulation trend suggests that despite short-term volatility, Bitcoin’s long-term outlook remains strong, with institutional and retail investors continuing to see value in holding BTC through ETF exposure and direct ownership.
As Bitcoin approaches its next halving event, market participants will closely monitor whether current ETF trends and accumulation patterns signal a potential recovery or continued price fluctuations in the months ahead.
