Spot Bitcoin ETFs saw their steepest single day of outflows since Trump’s election win, signaling market jitters.
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, according 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 (BTC) ETFs have maintained a net inflow of $30.4 billion as of Nov. 25, driven by institutional interest.
