Bitcoin ETFs See $1.6 Billion in Outflows During November
Investors shift capital to equity funds as Bitcoin ETF withdrawals begin to slow down
Bitcoin exchange-traded funds in the United States have accumulated $1.6 billion in net outflows since the start of November. On Tuesday alone, redemption volume reached $95 million.
The outflow trend in Bitcoin products stands in contrast to the strong demand for equity funds. The 17 ETFs with the highest net inflows over the past five days are focused on the stock market and are attracting about $12 billion daily.
BlackRock's IBIT fund recorded redemptions for eight consecutive sessions, totaling $1.73 billion in outflows. Despite this, the pace of total withdrawals in the crypto asset sector has slowed over the last few days.
Market data shows that apparent demand for Bitcoin has contracted by 284,000 units in the last 30 days. This rate of decline is the fastest observed since March 2025.
Analysts note that the Bitcoin market strength index has dropped sharply in recent weeks. The support level monitored by experts for the asset is positioned around $73,200.
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