Bitcoin ETF Outflows Reach $869.9M — Second-Largest Withdrawal on Record
U.S. spot bitcoin ETFs saw $869.9 million in outflows on Thursday, Nov. 14, marking the second-largest single-day withdrawal registered for the products. The size of the exodus underscores how concentrated flows in ETF vehicles can swing market sentiment quickly, and it stands out given the relative novelty and scale of these funds.
Large ETF outflows can translate into selling pressure on spot markets, amplify volatility, and signal a shift toward risk-off positioning among institutional or retail investors. While a single day of redemptions doesn't determine a trend, traders and allocators will be watching subsequent flows, on-chain activity, and order-book depth to gauge whether this is a transient pullback or the start of broader outflows that could weigh on Bitcoin in the near term.