Bitcoin ETFs See $3.5B November Outflows as BlackRock's IBIT Records $2.2B Redemptions
U.S. Bitcoin spot ETFs recorded approximately $3.5 billion in net outflows during November, marking their largest monthly withdrawal since launch, data show. BlackRock's IBIT alone experienced about $2.2 billion in redemptions, its weakest monthly performance since inception. Despite the pullback, cumulative net inflows across all U.S. spot Bitcoin ETFs remain near $57.6 billion, with trading volumes reaching record highs of $11.5 billion on November 22.