Bitcoin Price Holds $82K as Blackrock Leads ETF Rebound

Key Takeaways

• Bitcoin exchange-traded funds (ETFs) drew $21.13M on Friday, ending two heavy days of redemptions with modest relief.
• Ether ETFs lost $56.10M, extending outflows to nine sessions as NEAR kept attracting capital.
• The key test is whether Blackrock-led bitcoin demand can revive institutional buying.

Bitcoin Funds Stabilize After 2 Heavy Days of Redemptions

The week ended with a quieter tone, but the underlying flow picture remained uneven.

Bitcoin ETFs attracted $21.13 million, led by a $22.38 million inflow into Blackrock’s IBIT. Vaneck’s HODL added $2.33 million, while Fidelity’s FBTC lost $3.58 million. Trading value fell to $1.44 billion, and net assets recovered to $105.84 billion.

The smaller inflow matters mainly because it broke the recent run of heavy selling. After nearly $1 billion left bitcoin and ether ETFs across Wednesday and Thursday combined, Friday suggested that institutional pressure may be easing at the margin.

For bitcoin’s price, the next question is whether that stabilization can develop into renewed accumulation.

Ether Outflow Streak Reaches 9 Sessions

Ether ETFs continued to struggle.

The category lost $56.10 million, extending its outflow streak to nine consecutive sessions. The full withdrawal came from Blackrock’s ETHA. Trading activity dropped to $595.23 million, while net assets closed at $15.71 billion.