U.S. Spot Bitcoin ETFs See $3.48 Billion in November Outflows, Highest Since February

U.S. spot bitcoin exchange-traded funds recorded $3.48 billion in net outflows during November, the steepest monthly decline since February. Spot ether ETFs posted $1.42 billion in exits, marking their largest monthly outflow to date. The withdrawals followed bitcoin's rally to record highs and coincided with year-end portfolio adjustments.