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Bitcoin ETFs Have Bled a Record $3.79B in November

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Source: CryptoNewsNet Original Title: Bitcoin ETFs Have Bled a Record $3.79B in November Original Link: The 11 spot bitcoin ETFs listed in the U.S. have collectively registered outflows totaling $3.79 billion, marking the largest on record and surpassing the previous peak outflow of $3.56 billion in February.

BlackRock’s bitcoin ETF, IBIT, the world’s largest publicly-listed fund, has seen redemptions exceeding $2 billion this month.

On Thursday alone, these funds experienced outflows of over $900 million, the second-largest single-day withdrawal since these funds debuted in January 2024.

Ether ETFs have also faced record outflows, totaling $1.79 billion.

These figures reflect growing investor aversion toward the top two cryptocurrencies by market value. Meanwhile, recently debuted Solana and XRP ETFs have seen net inflows of $300.46 million and $410 million, respectively.

BTC2.23%
SOL0.84%
XRP0.68%
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