Bitcoin Spot ETFs See $869M Outflow, Second-Largest on Record
U.S.-listed spot bitcoin exchange-traded funds collectively shed $869.86 million on Thursday, Nov. 14, data from SoSoValue shows, making it the second-largest single-day outflow since these products launched. The pullback affected all 11 listed spot BTC ETFs and represents a notable withdrawal of institutional and retail capital from one of the main on-ramps into bitcoin.
Large one-day redemptions can reflect profit-taking, portfolio rebalancing or short-term risk-off and may reduce immediate buying pressure on the spot market, potentially increasing volatility. Traders and investors will be watching subsequent ETF flows and spot BTC price action closely to see whether this is a transient correction or the start of a broader shift in demand.