BTC USD traded near $79,700 on Tuesday, October 27, after U.S. spot Bitcoin ETFs recorded $110.3 million in net inflows on Monday. The purchase ended a two-day outflow streak totaling $773.4 million, one day before the Federal Reserve’s rate decision. All of Monday’s inflows went into BlackRock’s iShares Bitcoin Trust (IBIT).

The latest flows are small compared with the amount of Bitcoin tracked by the funds. A new River chart shows that funds and ETFs hold 8.5% of the Bitcoin that remains available for trading, compared with 79.6% held by individuals.

The figures raise the question of why ETF flows of a few hundred million dollars can still affect Bitcoin’s price, and which levels may matter before Wednesday’s Fed decision.

JUST IN: BlackRock ETF clients buy $110.34 million worth of Bitcoin. pic.twitter.com/jweuozohB9 — Whale Insider (@WhaleInsider) October 27, 2026

JUST IN: BlackRock ETF clients buy $110.34 million worth of Bitcoin. pic.twitter.com/jweuozohB9

— Whale Insider (@WhaleInsider) October 27, 2026

The post was published by Whale Insider on X.

Bitcoin ETF flows remain negative for October

Including Monday’s inflow, the funds have recorded approximately $202 million in net outflows during October. The total covers 18 trading sessions, divided almost evenly between days with inflows and days with outflows.

The monthly swings have been significant despite Bitcoin trading within a relatively narrow range. The funds received $526.6 million on October 19, including $665.2 million directed to IBIT, and another $528.4 million on October 21. They then recorded $635.5 million in outflows on October 22, the largest single-day outflow since June 2025. A further $137.9 million left the funds on Friday, led by selling in IBIT, Fidelity’s FBTC and ARK’s ARKB. Together, those two sessions account for the $773.4 million streak that Monday’s inflow ended.

Monday’s recovery was concentrated in one product. Data from SoSoValue shows that IBIT received the full $110.34 million, while the other 11 funds recorded no inflows. Collectively, the 12 funds now hold $102.84 billion in assets, equivalent to approximately 6.4% of Bitcoin’s market capitalization.

Individuals hold most of the tradable Bitcoin

River’s ownership breakdown shows individuals holding 79.6% of Bitcoin after excluding Satoshi Nakamoto’s coins, lost coins and Bitcoin that has not yet been mined. Businesses hold 9.4%, funds and ETFs hold 8.5%, and governments hold 2.5%.

The ownership structure differs from that of other major assets. Funds and ETFs hold 37.4% of U.S. stocks and 28.2% of bonds. Individuals own 47.4% of gold excluding jewelry and industrial metal, while central banks hold another 38.7%. Bitcoin’s individual share of 79.6% is more than 30 percentage points higher than gold’s 47.4% individual share.

The relatively small ETF share still matters because of how the holdings are acquired and traded. Many coins held by individuals remain inactive for months, while ETF demand is processed every trading day and must be matched with spot Bitcoin. As a result, the funds can represent the marginal buyer on inflow days and, as seen on October 22, the marginal seller during large outflows.

Bitcoin price levels in focus

Bitcoin has so far held the $79,200 area. The cryptocurrency tested the $79,221-to-$79,370 range on Saturday and again on Monday, with buyers stepping in on both occasions. It was trading near $79,700, below its 50-day exponential moving average at $80,756 — a trend gauge that weights recent prices more heavily than a simple average. Bitcoin fell below that average on Sunday and had not reclaimed it by Tuesday.

Resistance is located at $81,480, where rallies stalled last week, followed by $82,850. On the downside, Saturday’s low of $79,221 is the key level to monitor. A break below it would bring the 200-day EMA at $76,380 into focus, approximately 4% lower.

The Federal Reserve is scheduled to announce its decision on Wednesday at 18:00 UTC, a widely watched macro event across risk assets. Broader ETF buying beyond IBIT would place BTC USD in position to move back above the 50-day EMA, while a return of the October 22 selling could put the $79,221 level under renewed pressure.

Source: 99Bitcoins