Analysts cite institutional stability and AI-driven retail shift as Bitcoin ETFs see $2.6 billion in net outflows this year.
Bitcoin has fallen 27% in 2026, pressured by weak inflows and retail investors pivoting to AI stocks. Year-to-date net inflows total $12 billion, down 80% from $60 billion in 2025.
Bernstein analysts argue the decline reflects a healthier, institutionally driven market. Bitcoin ETFs have recorded $2.6 billion in net outflows from a $75 billion asset base, but institutional participation—including pension funds and sovereign wealth funds—has grown.
The firm reiterated its $150,000 year-end price target, framing the current lull as a shift toward long-term stability rather than structural weakness.