U.S. spot Bitcoin ETFs recorded roughly $2.1 billion in November outflows after seven consecutive trading days of withdrawals. Decrypt's ETF tracker shows that Friday's withdrawals totaled $185.4 million. Bitcoin ETFs lost about $829 million this week, while Ethereum ETFs lost about $336 million and Solana ETFs lost about $28 million. CoinGecko data put Bitcoin near $64,500 over the weekend, about 15% lower for the week. Fears of further Federal Reserve rate increases contributed to Bitcoin's decline. JPMorgan's latest SEC filing shows holdings of Bitcoin and crypto-linked securities approaching $1 billion, although those purchases preceded the recent downturn.
