Bitcoin News Today: Bitcoin Defies ETF Exodus as Corporate Buyers Shore Up $100K Support

Bitcoin steadies near $105,000 amid easing global risk, policy tailwinds

Bitcoin (BTC) held above $100,000 in early trading on November 11, 2025, as institutional demand and corporate treasury purchases offset profit-taking by large holders, according to data from Coinglass and SoSoValueBitcoin Holds $100K as ETF Inflows, MicroStrategy Buys Offset Whale Profit-Taking. The cryptocurrency's resilience came despite a $570 million outflow from BlackRock's IBIT ETF, the largest weekly withdrawal since February 2025, and broader market volatility that saw all 12 U.S. Bitcoin ETFs record $558 million in outflows on November 7, as reported by All 12 Bitcoin ETFs see outflows totaling $558M, Solana extends inflow streak to day nine.

The ETF outflows followed a brief rebound on November 6, when inflows totaled $240 million, driven by BlackRock's IBIT and Fidelity's FBTC, as noted in Crypto Today: Bitcoin, Ethereum, XRP hold steady as ETF inflows resume. Cumulative inflows across Bitcoin ETFs now stand at $60.52 billion, with assets under management reaching $135.43 billion, as reported by the same source. Meanwhile, MicroStrategy's continued accumulation added 487 BTC at $102,557 each, expanding its holdings to 642,000 BTC valued at $65.7 billion, according to the Coinglass report. The corporate strategy, mirroring that of MicroStrategy, has become a key support mechanism for Bitcoin's price floor, as the Coinglass report notes.

The market's stability also benefited from macroeconomic developments. A potential U.S.-India trade deal, which could reduce tariffs on Indian exports from 50% to 15–16%, has eased global trade uncertainty and boosted risk-on sentiment, as reported by Why Trump’s Trade Deal With India Could Move Crypto Markets This Week. Additionally, progress in resolving the U.S. government shutdown—now in its sixth week—has raised expectations for $250–350 billion in liquidity to re-enter financial markets by late November, according to the same source.

However, challenges persist. XRP, the second-largest cryptocurrency by market capitalization, traded at $2.32, down from its 2025 peak, despite Ripple USD (RLUSD) hitting $1 billion in assets and a 210% surge in transaction volume, as noted in XRP price sends mixed signals as key RLUSD metric jumps 210%. Solana ETFs, in contrast, extended their inflow streak to nine days, adding $12.7 million on November 7, as reported in the All 12 Bitcoin ETFs see outflows totaling $558M, Solana extends inflow streak to day nine article.

NFT sales also remained weak, with total volume plunging 14% to $84 million in the week ending November 7, as reported in NFT sales plunge 14% to $84m, CryptoPunks sales drop 25%. CryptoPunks dominated individual sales, though their volume dropped 25% compared to prior weeks, according to the same source.

Regulatory shifts added another layer of complexity. A proposed Senate bill aims to designate the Commodity Futures Trading Commission (CFTC) as the primary crypto regulator, bypassing contentious debates over decentralized finance (DeFi) to streamline oversight, as reported by CFTC May Become Crypto’s Main Watchdog Under Senate’s Latest Draft Bill. This move could reshape enforcement actions and compliance frameworks for exchanges and token issuers, as the same report notes.

Bitcoin's price action also drew mixed technical signals. While Glassnode analysts noted that the $100,000 level may act as a "speed bump" toward a 48-month average of $56,000, as reported in Bitcoin’s ‘speed bump’ to $56K? Ripple rejects IPO plans: Hodler’s Digest, Nov. 2 – 8, institutional inflows and corporate buying have so far prevented a deeper correction, according to the Coinglass report. Cathie Wood of ARK Investment Management revised her long-term Bitcoin price target downward by $300,000, citing stablecoins' growing role in emerging markets, as the Glassnode report notes.

The Trump-backed American Bitcoin (ABTC) further solidified its position as the 25th largest Bitcoin holder, expanding its treasury to 4,004 BTC ($415 million) through a dual strategy of mining and at-market purchases, as reported by Trump-Backed American Bitcoin Expands Holdings to 4,004 BTC Worth $415M. This approach mirrors MicroStrategy's model but faces margin pressures post-2024's halving event, as the same report notes.

As the market navigates these dynamics, investors remain split. ETF inflows and corporate demand have created a buffer against whale selling, but a slowdown in institutional activity or adverse macroeconomic shifts—such as rising U.S. Treasury yields—could reignite bearish pressure, according to the Coinglass report. For now, Bitcoin's ability to hold above $100,000 underscores its transition from retail-driven speculation to a more institutionalized asset class, as noted in the Crypto Today: Bitcoin, Ethereum, XRP hold steady as ETF inflows resume article.

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