{"id":423183,"date":"2026-03-29T17:27:52","date_gmt":"2026-03-29T11:57:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/the-next-bitcoin-shock-could-be-where-wall-street-finally-loses-faith-and-starts-selling-crypto-news\/"},"modified":"2026-03-29T17:32:28","modified_gmt":"2026-03-29T12:02:28","slug":"the-next-bitcoin-shock-could-be-where-wall-street-finally-loses-faith-and-starts-selling-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/the-next-bitcoin-shock-could-be-where-wall-street-finally-loses-faith-and-starts-selling-crypto-news\/","title":{"rendered":"The next Bitcoin shock could be where Wall Street finally loses faith and starts selling &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\">Bitcoin&#8217;s price<\/a> dropped below $67,000 this weekend, after a brutal slide that left it more than 40% below its October 2025 peak. In February, BTC had fallen about 47% from its high near $126,000.<\/p>\n<p>In an earlier version of this market, that kind of drop would cause all kinds of ugly reactions that would spread way beyond the spot market. Fear would spread like wildfire, long-term holders would run, and the selling would feed on itself.<\/p>\n<p>But this time, almost <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/why-investors-are-pulling-back-from-gold-and-still-buying-bitcoin\/\">none of this<\/a> happened.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-price-has-never-ended-a-year-higher-after-a-start-this-bad-can-2026-break-the-pattern\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"683\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/financial-trader-market-data-1024x683.jpg\" alt=\"Bitcoin price has never ended a year higher after a start this bad \u2014 is $88k the 2026 ceiling now?\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin price has never ended a year higher after a start this bad \u2014 is $88k the 2026 ceiling now?<\/h3>\n<p class=\"cs-article-embed__summary\">Bitcoin\u2019s worst opening stretches historically sets a $88k ceiling for this year, with no precedent for recovery into a full-year gain.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Mar 27, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Liam &#8216;Akiba&#8217; Wright<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p>The most interesting part of this pullback wasn&#8217;t the price action itself, but the behavior around it.<\/p>\n<p>Even through a drawdown as deep as this, the US spot bitcoin ETF complex held up far better than anybody expected. Eric Balchunas, the chief ETF analyst at Bloomberg, said in February that only about 6% of ETF assets had left during the decline.<\/p>\n<p>The arrival of spot bitcoin ETFs was always framed as a gateway moment for crypto, but the larger shift may be showing up now, when the market is under immense pressure. Bitcoin has a new class of holders, and they appear to be less eager to bolt at the first sign of pain.<\/p>\n<p>The SEC approved spot bitcoin exchange-traded products in January 2024, and trading began the next day. What followed was one of the biggest product launches in ETF history.<\/p>\n<p>By March 27, Farside\u2019s data showed about $56.1 billion in cumulative net inflows across US spot Bitcoin ETFs since launch. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/blackrock\/\">BlackRock\u2019s<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/products\/ishares-bitcoin-trust\/\">IBIT<\/a> alone accounted for about $63.3 billion, and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/fidelity-investments\/\">Fidelity\u2019s<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/products\/fidelity-wise-origin-bitcoin-trust\/\">FBTC<\/a> had brought in about $11.0 billion. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/grayscale-investments\/\">Grayscale\u2019s<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/products\/grayscale-bitcoin-trust\/\">GBTC<\/a>, in contrast, had lost around $26.0 billion.<\/p>\n<p>There&#8217;s been real selling inside this category, and some of it has been quite heavy. But as a whole, ETFs kept attracting money anyway.<\/p>\n<p>So, when Bitcoin plunged, it didn&#8217;t take ETFs down with it.<\/p>\n<p>The daily flow picture is still volatile, but it&#8217;s in line with everyone&#8217;s expectations. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/farside.co.uk\/btc\/\">Farside data<\/a> shows $167.2 million of net inflows on March 23, then a $171.3 million net outflow on March 26. We probably won&#8217;t get a perfect calm anytime soon, especially given the ongoing geopolitical turmoil, but we have relative resilience. A severe drawdown arrived, and the mass exodus many expected never actually happened.<\/p>\n<figure id=\"attachment_526700\" aria-describedby=\"caption-attachment-526700\" style=\"width: 446px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-526700\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02.png\" alt=\"spot bitcoin etf flows\" width=\"446\" height=\"716\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02.png 446w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02-187x300.png 187w\" sizes=\"auto, (max-width: 446px) 100vw, 446px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-526700\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02.png\" alt=\"spot bitcoin etf flows\" width=\"446\" height=\"716\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02.png 446w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/Screenshot-2026-03-27-at-20.24.02-187x300.png 187w\" data-sizes=\"(max-width: 446px) 100vw, 446px\"\/><figcaption id=\"caption-attachment-526700\" class=\"wp-caption-text\">Table showing spot Bitcoin ETF flows from March 9 to March 27, 2026 (Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/farside.co.uk\/btc\/\">Farside<\/a>)<\/figcaption><\/figure>\n<h2>The new Bitcoin holder<\/h2>\n<p>The ETF wrapper changed who could own Bitcoin and how they could own it. Instead of living on exchanges and in wallets, BTC moved into institutional products that sit inside a familiar investment structure.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-price-heading-for-weekend-collapse-to-61k-will-a-social-media-post-from-trump-save-it\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><img src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/bitcoin-heading-down-1024x683.jpg?ver=1774627999\" alt=\"Bitcoin price is heading for weekend collapse to $61k \u2013 will a social media post from Trump save it?\" loading=\"lazy\" decoding=\"async\"\/><\/noscript><img class=\"lazyload\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/bitcoin-heading-down-1024x683.jpg?ver=1774627999\" alt=\"Bitcoin price is heading for weekend collapse to $61k \u2013 will a social media post from Trump save it?\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin price is heading for weekend collapse to $61k \u2013 will a social media post from Trump save it?<\/h3>\n<p class=\"cs-article-embed__summary\">Bitcoin can test $61,700 this weekend unless Trump delivers another market-calming message.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Mar 27, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Liam &#8216;Akiba&#8217; Wright<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<p>ETFs brought Bitcoin to institutions, but this adoption worked both ways: it also brought institutional trades to Bitcoin. Some of the first movers in Bitcoin ETFs might have been big Bitcoiners looking for regulated exposure, but the space soon became saturated with those looking to profit from its liquidity and volatility.<\/p>\n<p>CF Benchmarks, looking at 13F filings, showed that a lot of hedge fund exposure to Bitcoin ETFs was tied to basis-style trades rather than long-term conviction. SEC rules also make clear that 13F filings arrive with a lag, so they show us snapshots of the past rather than real-time behavior. Still, they help show how broad the investor base has become.<\/p>\n<p>That distinction is important. When we say that Wall Street barely blinked, it doesn&#8217;t mean nobody sold as BTC lost half its value. What it means is that the ETF complex came through a punishing drop without the kind of mass exit that once felt inevitable.<\/p>\n<div id=\"cs-inline-newsletter-69c9059137724\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>A look at the individual funds makes that even clearer. IBIT remains the category\u2019s giant winner, but FBTC has also built a large base, while GBTC continues to bleed assets. We&#8217;ve seen strong inflows into the leading funds, steady support for a few others, and continued outflows from the old incumbent.<\/p>\n<figure id=\"attachment_526699\" aria-describedby=\"caption-attachment-526699\" style=\"width: 3200px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-526699\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2.png\" alt=\"spot bitcoin etf balances\" width=\"3200\" height=\"1800\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2.png 3200w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-1536x864.png 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-2048x1152.png 2048w\" sizes=\"auto, (max-width: 3200px) 100vw, 3200px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-526699\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2.png\" alt=\"spot bitcoin etf balances\" width=\"3200\" height=\"1800\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2.png 3200w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-300x169.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-1024x576.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-768x432.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-1536x864.png 1536w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/glassnode-studio_btc-us-spot-etf-balances-btc-2-2048x1152.png 2048w\" data-sizes=\"(max-width: 3200px) 100vw, 3200px\"\/><figcaption id=\"caption-attachment-526699\" class=\"wp-caption-text\">Graph showing spot Bitcoin ETF balances from March 27, 2025, to March 26, 2026 (Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/studio.glassnode.com\/charts\/institutions.UsSpotEtfBalancesAll?a=BTC&#038;s=1743103295&#038;u=1774639295&#038;zoom=365\">Glassnode<\/a>)<\/figcaption><\/figure>\n<h2>A crash with a different rhythm<\/h2>\n<p>The best comparison to the effect Bitcoin&#8217;s price had on ETFs may be gold.<\/p>\n<p>In 2013, a sharp drop in the price of gold triggered a major rush out of gold-backed ETFs. The World Gold Council said 350 tonnes flowed out by the end of April that year, representing a 12.9% drop in holdings.<\/p>\n<p>But Bitcoin&#8217;s ETF base seems different. The price damage has been much more severe than what gold saw, but the big holder exit never happened.<\/p>\n<p>Nonetheless, Bitcoin is anything but stable right now. March 26 alone brought a $171.3 million net outflow day to ETFs, and the price continues to swing hard on any news about the developments in Iran.<\/p>\n<p>But the response from holders is changing, and that may be the most important change the ETF era brought.<\/p>\n<p>There are two ways to read this. One is that ETFs brought in stronger hands, investors who are more willing to treat Bitcoin as part of a broader portfolio. The other is that the selling has simply slowed down, and a larger macro shock could still test that patience later. Both are possible, as the data hasn&#8217;t settled the argument yet.<\/p>\n<p>Whatever the future outcome might be, this change in ETF behavior revealed something new about how Bitcoin now behaves under stress. A 40% crash used to look like a full-blown bear market panic, but in this ETF-dominant market, it&#8217;s your run-of-the-mill stress test. Price broke hard after a year of up only, and ETF holders, at least in aggregate, held up much better than anyone could have expected.<\/p>\n<p>And that may be the clearest sign yet that Wall Street did much more than just buy Bitcoin: it changed the way it sells off.<\/p>\n<div class=\"post-bottom\">\n<div class=\"post-mentions-and-posted-in\">\n<div class=\"post-info-block post-mentions\">\n<header><span class=\"post-info__label\">Mentioned in this article<\/span><\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s price dropped below $67,000 this weekend, after a brutal slide that left it more than 40% below its October 2025 peak. In February, BTC had fallen about 47% from its high near $126,000. In an earlier version of this market, that kind of drop would cause all kinds of ugly reactions that would spread [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":423184,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-423183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=423183"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423183\/revisions"}],"predecessor-version":[{"id":423185,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/423183\/revisions\/423185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/423184"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=423183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=423183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=423183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}