Bitcoin stability grows as ETF inflows and Saylor boost confidence

Bitcoin’s (CRYPTO:BTC) recent price stability, even amid global economic uncertainty, is being attributed to the steadfastness of spot Bitcoin ETF holders and the ongoing accumulation by Michael Saylor’s firm, according to market analysts.

“The ETFs and Saylor have been buying up all ‘dumps’ from the tourists, FTX refugees, GBTC discounters, legal unlocks, govt confiscations and Lord knows who else,” noted Bloomberg ETF analyst Eric Balchunas.

Balchunas emphasised that this pattern of accumulation by long-term investors is helping to absorb market volatility and keep Bitcoin’s price relatively stable.

Over the past 30 days, spot Bitcoin ETFs have attracted $131 million in net inflows, with total inflows since January 1 reaching $2.4 billion.

“Its owners are more stable,” Balchunas said, adding that ETF investors have “much stronger hands than most people think.”

He expects this trend to “increase the stability and lower Bitcoin’s volatility and correlation in the long term.”

Michael Saylor’s company, MicroStrategy, continues to play a significant role in this dynamic.

The firm recently purchased 3,459 BTC for $285.5 million at an average price of $82,618 per coin, bringing its total holdings to over 470,100 BTC as of March 2025, which represents about 1.91% of Bitcoin’s circulating supply.

MicroStrategy’s strategy involves acquiring Bitcoin during market downturns and integrating it as a core treasury reserve asset, a move that has transformed its business model and aligned its financial success with Bitcoin’s performance.

Despite macroeconomic headwinds, including US tariff policies and uncertainty over future interest rates, Bitcoin has remained above its previous all-time high and traded within a range of $75,000 to $88,000 in recent weeks.

The Bitcoin Volatility Index currently sits at 1.80%, reflecting this period of relative calm.

Market commentators have expressed surprise at Bitcoin’s resilience compared to traditional equities.

“I have hated on Bitcoin in the past, but seeing it not tank while the stock market does is very interesting to me,” remarked Dividend Hero, a stock market observer.

At the time of reporting, the Bitcoin (BTC) price was $84,688.34.