For the week from November 17 to 21, 2025, the total capital outflow from spot Bitcoin and Ethereum ETFs reached $1.72 billion. According to the analytical platform SoSoValue, the negative trend in these segments has continued for four and three consecutive weeks, respectively.
This is reported by Business • Media
Detailed Analysis of Outflows in Bitcoin ETFs
In the sector of spot Bitcoin ETFs, investors withdrew $1.22 billion. The largest outflow was recorded in the IBIT fund — $1.09 billion, marking a record high since the end of February this year. Significant losses were also demonstrated by the FBTC ($115.68 million), GBTC ($172.33 million), ARKB ($85.03 million), HODL ($63.22 million), and BITB ($7.8 million) funds. Meanwhile, three products — BTC, BTCO, and EZBC — recorded capital inflows of $274.2 million, $35.8 million, and $3.25 million, respectively. No movement of funds was recorded for the BRRR and BTCW funds.
Overall, in the last month, the net outflow of capital from spot Bitcoin ETFs amounts to $4.35 billion.
“From November 17 to 21, 2025, spot Bitcoin and Ethereum ETFs collectively lost $1.72 billion, according to SoSoValue. The negative dynamics in the sectors have persisted for four and three weeks, respectively.”
Dynamics of Ethereum ETFs and Activity of Solana Funds
In spot Ethereum ETFs, $500.25 million was withdrawn over the week. The largest outflow was observed in the ETHA fund ($558.98 million), followed by ETHE ($31.82 million) and ETHV ($14.08 million). At the same time, some products recorded inflows: FETH ($1.88 million), ETH ($80.88 million), ETHW ($14.19 million), EZET ($4.76 million), and QETH ($2.93 million). No capital movement was noted in the TETH fund. The negative dynamics in this sector have continued for the third consecutive week.
Amid the outflows from Bitcoin and Ethereum ETFs, spot Solana ETFs are demonstrating the opposite trend. Over the past 19 days, these funds have attracted about $128 million, continuing a steady inflow of capital even during periods of market turbulence.
Experts note that the mass outflow of funds from spot Bitcoin and Ethereum ETFs may be related to increased volatility in the crypto market, as well as portfolio rebalancing by institutional investors.