Bitcoin (BTC) Price Holds Key Support at $82,000 as ETF Outflows Stalled 10-Day Buying Spree

Bitcoin price is at a pivotal level as ETF flows offloaded $93 million on Friday, ending a 10-day buying spree.

Bitcoin (BTC) price showed signs ofpivotal level as new data fromCoinDeskFlows revealed that Bitcoin ETFs experienced a massive $93 million in net outflows on Friday, concluding a 10-day buying spree.

While the majority of the outflows, amounting to $93 million, stemmed from Fidelity’s FBTC, BlackRock (NYSE:BLK) investors' disposition may signal optimism as the largest U.S. ETF provider's IBIT and eight other U.S.-approved spot ETFs displayed neutral flows. This divergence in flow direction could indicate varying institutional investor sentiment.

Despite the selling pressure, BTC price showed resilience, bouncing from a 10-day low of $82,000 to reclaim the $84,000 level over the weekend.

This suggests that while some institutional players have become cautious, BTC continues to find buyers at the $82,000 mark, likely driven by macroeconomic hedging.

Bitcoin ETFs Take a Neutral Outlook Despite Bearish Market Sentiment

The brief period of BTC dipping below $82,000 also coincided with renewed regulatory uncertainty—following U.S. Congress’s scrutiny of Paul Atkins, Trump’s crypto-friendly SEC pick—major ETFs like IBIT opted to hold rather than sell, indicating a more calculated approach among institutional investors.

One key factor that might be influencing institutional investors' decisions is the broader macroeconomic risks they are assessing. As concerns over Trump’s proposed trade policies and their potential impact on traditional stock markets like the S&P 500 and Nasdaq are increasing, Bitcoin's role as a non-correlated asset becomes more crucial.

This independence from traditional financial structures could explain why ETF outflows were concentrated in specific funds like FBTC, which specializes in Bitcoin, rather than across the board.

Prior to the $93 million sell-off observed on Friday, Bitcoin ETFs had been steadily accumulating BTC, adding over $1.07 billion in the previous 10-days.

The sheer volume of Bitcoin acquired by ETFs in recent weeks—at least $1 billion—means that short-term supply is limited. It also hints that the majority of investors who began buying when BTC prices plunged below $77,000 over the past week are still in profit, hence the reluctance to sell.

This key dynamic may have contributed to Bitcoin price holding key support levels above $82,000. Notably, while BTC price rebounded, leading altcoins like Ethereum (ETH), Solana (SOL), and Ripple (XRP) have lagged behind, further reinforcing the narrative that institutional capital remains primarily focused on BTC.

The coming weeks will be crucial in determining whether Bitcoin ETFs resume their accumulation trend or if further outflows signal a shift in sentiment. Investors will closely watch developments in U.S. regulatory policy and broader market conditions to assess whether Bitcoin’s status as a safe-haven asset remains intact.

If the macroeconomic environment continues to favor Bitcoin as a non-correlated asset, ETF inflows could resume, pushing BTC to new highs. However, prolonged uncertainty or negative regulatory developments could trigger deeper corrections.

For now, BlackRock and other major institutional players appear to be maintaining their positions, indicating confidence in Bitcoin’s long-term trajectory.