​🚹 Bitcoin Spot ETF Update: $1.22 Billion Outflow in One Week!
​Fourth Consecutive Week of Redemptions: Bitcoin spot ETFs recorded a net outflow of $1.22 Billion last week (Nov 17–21).
​Risk-Off Sentiment:
Sustained outflows reflect continued selling pressure as Bitcoin struggles below the $90,000 level.
​Major Outflows (Selling Pressure):
​BlackRock’s IBIT:
Led with a massive $1.09 Billion weekly outflow.
​Grayscale’s GBTC:
Followed with a $172 Million outflow.
​Bright Spots (Inflows/Rotation):
​Grayscale Bitcoin Mini Trust (BTC):
Posted a strong $274 Million weekly inflow.
​Invesco & Galaxy Digital’s BTCO:
Attracted $35.8 Million.
​Observation: Investors are rotating towards lower-fee or newly issued products.
​Market Strength Snapshot:
​Total AUM:
$110.11 Billion.
​Market Share:
U.S. spot ETFs now hold over 6.5% of all Bitcoin in existence.
​#BitcoinETF #CryptoNews #MarketUpdate #BTC
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