Overview
- U.S. spot bitcoin ETFs logged one of their worst months on record with $3.48–$3.79 billion in November outflows, including a $903 million single‑day withdrawal on Nov. 20.
- A late $70 million net inflow in the final days of November ended a four‑week selling streak, and CoinShares now reports $1.07 billion of weekly inflows into crypto ETPs led by U.S. investors.
- Within last week’s totals, Bitcoin drew about $461–$464 million, Ethereum roughly $308–$312 million, and XRP a record $289 million of inflows.
- BlackRock’s IBIT accounted for roughly $2.34 billion of November redemptions yet remains the company’s most profitable product, with about $70.7 billion in assets and an estimated $245 million in annual fees.
- Flows point to rotation rather than stress, with Solana ETPs maintaining positive momentum, including about $108 million of inflows last week, as ETF mechanics continue to steer crypto liquidity into year‑end.