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Spot Bitcoin exchange-traded funds in the United States began the week with significant outflows as Bitcoin’s price fell below $93,000 amid a wave of long liquidations.
According to <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">data </a>from SoSoValue, the 12 spot Bitcoin ETFs recorded $438.38 million in outflows on Nov. 25, breaking a five-day streak of inflows. The previous week saw a record-high <a href="https://crypto.news/bitcoin-etfs-3-38b-weekly-inflows-vaneck-180k/" target="_blank" rel="noopener noreferrer nofollow">$3.38 billion in weekly inflows</a> into these funds.
Bitwise’s BITB led the outflows on Monday, with $280.73 million leaving the fund. Grayscale’s GBTC, Fidelity’s FBTC, and ARK and 21Shares’ ARKB reported outflows of $158.24 million, $134.72 million, and $110.88 million, respectively.
More modest outflows were observed from Invesco’s BTCO, VanEck’s HODL, and Valkyrie’s BRRR, which recorded outflows of $10.89 million, $8.05 million, and $3.09 million, respectively.
BlackRock’s IBIT partially offset these outflows, leading with $267.79 million in inflows, marking the fourth consecutive day of inflows into the fund. Grayscale’s GBTC also reported inflows of $420,460, while the remaining three Bitcoin ETFs saw no activity for the day.
The significant outflows on Nov. 25 coincided with Bitcoin’s price drop of over 6%, falling from $98,850 to $92,775 during early Asian trading hours. The flagship cryptocurrency also faced over $116 million in<a href="https://crypto.news/traders-seen-553-million-crypto-liquidations-as-bitcoin-dropped-92k/" target="_blank" rel="noopener noreferrer nofollow"> long liquidations</a>.
At press time, Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">BTC</a>) was down 3.5%, trading at $94,646 per coin.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/bitcoin-nears-100k-history-repeating-or-a-new-chapter-in-crypto/"> Bitcoin nears $100k: history repeating or a new chapter in crypto? </a>
Ethereum ETFs See Slower Inflows
Meanwhile, the nine spot Ethereum ETFs experienced a significant slowdown in inflows, with only <a href="https://sosovalue.com/assets/etf/us-eth-spot" target="_blank" rel="noopener noreferrer nofollow">$2.83 million </a>entering the funds on Nov. 25 compared to the $91.21 million recorded the previous trading day.
Bitwise’s ETHW led the inflows, reporting $8.75 million, followed by Fidelity’s FETH with $4.36 million. VanEck’s ETHV contributed $2.55 million in inflows.
Grayscale’s ETHE saw the largest outflows of the day, with $7.65 million exiting the fund. Grayscale Ethereum Mini Trust and 21Shares’ CETH also experienced outflows of $3.96 million and $1.22 million, respectively.
The remaining Ethereum ETFs remained neutral on the day.
At the time of writing, Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a>) was up 1.3%, trading at $3,430.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/is-ethereum-dying-bitcoin-eyes-rally-to-100k-while-eth-struggles/"> Is Ethereum dying? Bitcoin eyes rally to $100K while ETH struggles </a>

Bitcoin ETFs Record $438m in Outflows as BTC Dips Below $93k

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