#BitcoinETFsLose$1.6BInNovember
๐Ÿ’ธ November Balance Sheet: U.S. spot Bitcoin ETFs have recorded approximately $1.6 billion in net outflows since the beginning of November, pushing total net fund flows for 2026 into negative territory.๐Ÿ“‰ Outflow Pace Slowing: Daily net outflows stood at $430 million on Thursday and $412 million on Friday, then fell to $201 million on Monday and $95 million on Tuesday, reaching their lowest level in the past four sessions.๐Ÿฆ Outflows Led by BlackRock: BlackRock's iShares Bitcoin Trust (IBIT) saw $78 million in outflows on Tuesday, losing money for the eighth consecutive day and bringing total outflows over that streak to $1.73 billion. By contrast, Morgan Stanley's Bitcoin Trust (MSBT) attracted $20 million in inflows on Tuesday.๐Ÿ“ˆ Rush into Stock ETFs: According to data from Bloomberg ETF analyst Eric Balchunas, investors viewed the market downturn as a buying opportunity, investing an average of $12 billion per day in ETFs listed on U.S. exchanges over the past five trading days. All of the 17 funds with the largest inflows were stock funds, such as VOO, QQQ, and IVV.๐Ÿ›ก๏ธ Market Outlook and Critical Support: According to CryptoQuant data, visible Bitcoin demand over 30 days contracted by 284,000 BTC, marking its sharpest decline since March 2025. For Bitcoin, trading at around $73,998, $73,200 is being watched as critical support, near the 200-day moving average.
$BTC $SOL $OPG