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Net outflows from United States-based spot Bitcoin exchange-traded funds (ETFs) surged to $438.37 million on Nov. 25, marking the highest single-day fall since US election day on Nov. 6.
The sharp reversal follows strong inflows earlier in November, including a record-breaking $1 billion in daily net inflows on Nov. 21, <a data-ct-non-breakable="null" href="https://sosovalue.com/assets/etf/us-btc-spot" rel="nofollow noopener" target="_blank" text="null" title="https://sosovalue.com/assets/etf/us-btc-spot">according</a> to data from crypto tracking platform Sosovalue. However, the latest stats point to a shift in market sentiment.
The crypto tracking platform reveals that spot Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="" target="_self" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) ETFs have maintained a net inflow of $30.4 billion as of Nov. 25, driven by institutional interest.
As a gateway for institutional and retail investment into cryptocurrencies like BTC, the outflows and inflows of ETFs — particularly <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/articles/types-of-bitcoin-etfs" rel="" target="_self" text="null" title="https://cointelegraph.com/learn/articles/types-of-bitcoin-etfs">spot Bitcoin ETFs</a> —&nbsp; affect both liquidity and the stability of BTC and the broader crypto market.
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 <img alt="United States, Elections, Donald Trump, Bitcoin ETF, BlackRock, ETF, US Elections 2024" src="https://s3.cointelegraph.com/uploads/2024-11/019367d4-5f11-7845-97f0-21529f786576" title="">
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 Spot Bitcoin ETFs flows as of Nov. 25. Source: Sosovalue
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Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/analysts-see-final-flush-before-100k-rush-bitcoin" rel="null" target="null" text="null" title="null">Bitcoin‘s $93K dip could be ‘last flush’ before the rush: Analysts</a>
<h2 id="biggest-outflow-since-trump-win">Biggest outflow since Trump win</h2>
The $438.37 million outflow signals a stark shift from the positive momentum following Donald Trump’s reelection, which sparked optimism in the crypto industry.
After the election results, the BTC price surged to a new high of around $99,655 on Nov. 22, which, in light of the sharp outflows on Nov. 25, has fallen to around $92,000 — losing over 7% as profit-taking occurs.
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 <img alt="United States, Elections, Donald Trump, Bitcoin ETF, BlackRock, ETF, US Elections 2024" src="https://s3.cointelegraph.com/uploads/2024-11/019367d6-74fc-78cb-a84d-756b8d9e9f2b" title="">
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 BTC price one day chart depicting the assets fall to almost $92,000. Source: CoinMarketCap
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Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/coin-center-warns-us-policies-scare-away-crypto-despite-trump-win" rel="null" target="null" text="null" title="null">Coin Center warns US policies could scare away crypto investors despite Trump win</a>
<h2 id="total-bitcoin-etfs-sheds-5-billion">Total Bitcoin ETFs sheds $5 billion</h2>
The total net assets under management for spot Bitcoin ETFs have fallen to around $102.23 billion from its height of $107.49 billion on Nov. 22.
Despite the pullback and resulting plunge toward $92,000, the share of BTC held by ETFs remains fairly significant, with institutions accounting for over 5% of the crypto market’s capitalization.
<figure>
 <img alt="United States, Elections, Donald Trump, Bitcoin ETF, BlackRock, ETF, US Elections 2024" src="https://s3.cointelegraph.com/uploads/2024-11/019367d5-51ba-7d36-b716-1e083caa95ea" title="">
 <figcaption style="text-align: center;">
 Total spot Bitcoin ETFs net inflows and historical data. Source: Sosovalue
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Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-etf-weekly-inflows-3-billion" rel="null" target="null" text="null" title="null">Bitcoin ETFs hit new record with over $3.1B in weekly inflows</a>
<h2 id="spot-bitcoin-etfs-hit-new-inflow-record">Spot Bitcoin ETFs hit new inflow record</h2>
On the week of Nov. 18–22, US-based <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-etf-weekly-inflows-3-billion" rel="null" target="null" text="null" title="null">spot Bitcoin ETFs witnessed net inflows of $3.38 billion</a>, according to Sosovalue data — setting a 102% increase over the previous week’s net inflows of $1.67 billion.
The record high marks the biggest weekly net inflow amount for spot Bitcoin ETFs and marks the seventh consecutive week of positive flows — where inflows exceed outflows.
Despite the volatile turn as of Nov. 25, BlackRock’s iShares Bitcoin Trust continues to lead with net assets at $47.03 billion and cumulative net inflows of $31.6 billion.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/crypto-four-years-grow-cant-be-shut-down-kain-warwick-infinex/" rel="null" target="null" text="null" title="null">Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex</a>

Spot Bitcoin ETFs see $438M outflows — biggest since US election

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