Bitcoin News Today: Abu Dhabi's Tripling of IBIT Holdings Sparks Bitcoin ETF Inflow Rebound

U.S. Bitcoin ETFs ended a five-day outflow streak on Wednesday, pulling in $75.4 million in net inflows as Bitcoin rebounded above $92,000, according to Farside Investors data. The rebound followed a tumultuous week marked by $3 billion in outflows for the ETF category, with BlackRock's iShares Bitcoin Trust (IBIT) leading inflows at $60.6 million despite a $523 million outflow the prior day. The stabilization coincided with Abu Dhabi's tripled its IBIT holdings in Q3 2025, as the emirate positioned itself ahead of Bitcoin's record-high trajectory.

The crypto market's volatility contrasted with broader economic developments. Nvidia's third-quarter earnings beat and upbeat guidance calmed jittery markets, with Bitcoin surging over $90,000 after dipping near $88,000 earlier in the week. CEO Jensen Huang highlighted surging demand for AI-linked GPUs, which indirectly bolstered crypto tokens like TAO and RNDR, which rose 4%-5% post-earnings. However, the optimism was tempered by a security scare at Donald Trump's WLFI crypto project, where phishing attacks and poor key storage practices threatened user wallets despite a $1 billion trading volume on launch day.

Meanwhile, traditional markets reported mixed results. Vipshop's Q3 2025 financials showed a 22% year-over-year increase in non-GAAP net income per diluted ADS, driven by $3.5 billion in cash reserves. FinVolution Group, a fintech platform operating in China and Southeast Asia, reported a 33.3% year-over-year increase in international transaction volume to $3.6 billion, alongside a 37.4% rise in international revenue to $122.7 million. NetEase, however, faced a $2.5 billion net cash outflow from investing activities in Q3 2025, reflecting strategic shifts in short-term investments and long-term asset disposals.

The crypto liquidation event-nearly $911 million in net losses across 230,000 accounts-underscores the sector's fragility amid macroeconomic uncertainty. While ETF inflows signal tentative investor confidence, the broader market remains exposed to U.S. monetary policy shifts and regulatory scrutiny.