CryptoMedium

Bitcoin heads for first back-to-back annual decline as ETF flows stall

CoinDesk says Bitcoin is down over 21% in 2026 after falling 6.3% in 2025, needing about $87,500 by year-end to avoid a first consecutive annual loss, while spot crypto ETFs have seen no net inflows in 13 months.

Bitcoin (BTC/USDT)
$68,844 +9.4% · 3 mo
$62,716$75,056$87,39616 Aug30 Sep13 NovThis story
Daily candles (UTC). Source: Binance.
over 21%Bitcoin decline in 2026 so far, per CoinDesk
$71.6BCumulative spot crypto ETF net flows now
$87,500Bitcoin level needed by year-end to avoid loss

Confirmed

  • CoinDesk says Bitcoin is down over 21% in 2026, after falling 6.3% in 2025
  • Spot crypto ETFs have seen no net inflows in 13 months
  • Cumulative spot crypto ETF net flows are $71.6B, down from a $78.7B peak on Oct 9, 2025

Not yet known

  • Whether Bitcoin can reach about $87,500 by year-end to avoid a first consecutive annual loss
  • Unconfirmed: whether futures pressure since the Binance hack is causing low trading volume
  • Whether buyers buying the dip will halt the decline
  • Whether Bitcoin will hold support between $87k and the mid-$70ks

What we know

CoinDesk reports Bitcoin is on track for its first-ever consecutive annual declines. An analyst notes cumulative spot crypto ETF net flows peaked at $78.7B on Oct 9, 2025 and now stand at $71.6B. One trader blames low volume on futures pressure since the Binance hack (unverified). Sentiment is split: one trader closed a BTC short expecting a rebound, while another admits his thesis of support from $87k to the mid-$70ks failed, and a retail trader says he is buying the dip.

Prediction market

Will Bitcoin reach $90,000 by December 31, 2026?

8%chance
Related questions
Will Bitcoin dip to $45,000 by December 31, 2026?6%
Will Bitcoin dip to $55,000 by December 31, 2026?19%
Will Bitcoin dip to $50,000 by December 31, 2026?10%

Traders' bets on Polymarket, not a forecast by Global Eye 24. Polymarket · $3.1m traded · updated 18:45 UTC

In figures

Spot crypto ETF cumulative net flows

Peak (Oct 9, 2025)$78.7bn
Now$71.6bn

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@0xHoodMaxi

“bitcoin has never had two red years in a row. it's down 21% in 2026”

View post →
@traderview2

“Spot crypto ETFs haven't added a dollar in 13 months”

View post →

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.