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>>Stunning Bitcoin ETF exit: $904 million withdraws from U.S. spot funds, marking the second‑largest outflow ever.

Stunning Bitcoin ETF exit: $904 million withdraws from U.S. spot funds, marking the second‑largest outflow ever.

crypthub

2 days ago

Record Outflow Highlights Investor Shift

On November 20 US spot Bitcoin ETFs saw a $904 million withdrawal, the second‑largest single‑day outflow ever recorded. This flash move breaks a year of steady inflows and signals a notable change in market sentiment. The scale mirrors the $937 million exit in February, underscoring the vulnerability of even popular crypto funds.

Funds Hit Hardest and Underlying Causes

BlackRock’s IBIT lost $356 million, Grayscale’s GBTC $199 million, and Fidelity’s FBTC $190 million, while no spot Bitcoin ETF reported net inflows. Analysts cite regulatory uncertainty, broader market volatility, and seasonal portfolio rebalancing as likely triggers. Institutional investors appear to be reducing exposure ahead of year‑end reporting.

Implications for Investors and Market Outlook

The outflow reminds investors that Bitcoin ETFs are not insulated from the same volatility that affects the underlying asset. While short‑term sentiment is negative, seasoned investors often view such dips as buying opportunities. Monitoring fund flows remains crucial for gauging institutional interest and adjusting diversified strategies.

Stunning Bitcoin ETF exit: $904 million withdraws from U.S. spot funds, marking the second‑largest outflow ever.

Record Outflow Highlights Investor Shift

Funds Hit Hardest and Underlying Causes

Implications for Investors and Market Outlook

Stunning Bitcoin ETF exit: $904 million withdraws from U.S. spot funds, marking the second‑largest outflow ever.