In November 2025, spot Bitcoin-ETFs and Ethereum-ETFs experienced significant capital losses in the US market, setting new all-time records for outflows of these financial instruments.
This is reported by Business • Media
Massive Outflows from Bitcoin-ETFs
Investors withdrew over $3.48 billion from spot Bitcoin-ETFs during November. This marks the second-largest monthly outflow since the launch of these products. In the first three weeks of the month, more than $1 billion was withdrawn from Bitcoin funds, with only a slight inflow of about $70 million observed in the last week.
Record Outflow in Ethereum-ETFs
At the same time, spot Ethereum-ETFs recorded an absolute monthly outflow record, with investors withdrawing $1.42 billion. The largest losses occurred in the first three weeks of November, when the funds lost $507 million, $728 million, and $500 million respectively. However, by the end of the month, the situation stabilized somewhat: from November 24 to 28, the funds attracted over $312 million.
“The decline in investment volumes coincided with the drop in Bitcoin and Ethereum prices: in November, the price of Bitcoin fell by approximately 17%, while Ethereum dropped by more than 22%. Both cryptocurrencies ended the month with their worst performance since 2018.”
The significant outflows recorded in November 2025 indicate a shift in investor sentiment in the cryptocurrency ETF sector, linked to the decline in prices of leading digital assets.