I flussi di capitali verso gli ETF su Bitcoin tornano in positivo dopo un prelievo record di 8,9 miliardi di dollari: perché i capitali stanno tornando?

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Bitcoin spot ETFs have staged their sharpest reversal since launching in January 2024. After losing $8.9 billion in the largest drawdown on record, $1.5 billion has flowed back in over the past five trading days.

CryptoQuant author Darkfost flagged the scale of the damage. The average realized price for ETF holders sits at roughly $79,000, while Bitcoin trades well below $70,000. That means the majority of institutional ETF buyers are underwater.

“More than $8.9 billion has flowed out of this market during the correction,” Darkfost noted, adding that “the trend now appears to have stabilized, with the drawdown recovering to around −$7.8B from the ATH.”

BlackRock’s IBIT: From Biggest Loser to Biggest Buyer

BlackRock’s iShares Bitcoin Trust (IBIT) took the hardest hit during the selloff, shedding over 42,000 BTC from peak holdings of 806,000+. That alone represented massive selling pressure from the largest Bitcoin ETF on the market.

But IBIT is now leading the recovery. On March 2 alone, it pulled in $263 million. Weekly inflows across IBIT have reached $882 million, dwarfing every other fund.

And it’s not just BlackRock. Fidelity’s FBTC posted $156 million in weekly inflows. Bitwise’s BITB added $148 million. Even Grayscale’s GBTC, historically an outflow machine, recorded $102 million in weekly inflows.

Nearly all 10 original spot Bitcoin ETFs are in the green this week.

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Bitcoin ETF Inflows Signal a Shift in March 2026

The monthly data tells the bigger story. Outflows decelerated sharply across four consecutive months: November saw -$3.47 billion, December -$1.09 billion, January -$1.6 billion, and February just -$206 million. That’s a 94% reduction.

March 2 delivered the cleanest signal yet: $458 million in net inflows with zero outflows across all 12 listed funds.

Total net assets now stand at $88.4 billion, with cumulative historical inflows at $55.4 billion.

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What Comes Next?

Bloomberg’s senior ETF analyst Eric Balchunas called the recovery notable, writing that Bitcoin ETFs recorded their biggest haul in a while, with nearly all original funds seeing action.

“Breadth and depth,” he wrote. “This after a 50% drawdown and most underwater. Even I’m impressed.”

Five days of inflows don’t confirm a trend reversal.

But after four months of bleeding, institutional money returning at this pace, and this broadly, is the strongest signal Bitcoin ETF markets have produced in 2026.
source: https://www.tradingview.com/news/coinpedia:3cd4ebd88094b:0-bitcoin-etf-flows-flip-green-after-record-8-9b-drawdown-why-is-the-money-coming-back/