Record Outflows Hit U.S.-Listed Bitcoin ETFs

The 11 U.S.-listed spot bitcoin ETFs have logged $3.79B in outflows in November, marking the largest monthly withdrawal ever, surpassing the prior record of $3.56B in February.

Data source: SoSoValue (via CoinDesk)
BlackRock’s IBIT alone saw over $2B in redemptions this month.
Ether ETFs also posted record $1.79B in outflows.

New Solana & XRP ETFs Attract Strong Inflows

Despite heavy selling in bitcoin and ether ETFs, newly launched altcoin ETFs saw notable demand:

Solana ETF inflows: $300.46M
XRP ETF inflows: $410M
These inflows highlight investor rotation into newer crypto asset products.

Bitcoin Suffers Deep November Selloff

Bitcoin’s November rout intensified Friday as the token plunged below $85,000, falling as much as 6.4% to $81,629.
Key drivers:

Large leveraged liquidations
Deteriorating market sentiment
On pace for worst monthly performance since the 2022 crypto crash

Broader Crypto Market Declines

Major altcoins also saw sharp declines:

ETH: -7.6% (below $2,700)
XRP: -4.5%
BNB: -5.8%
XLM: -5.2%
TIA: -7.2%
UNI: -4.8%
AVAX: -5.2%
DOGE: -6.7%
SOL: -5.8%