Bitcoin Updates: Bitcoin ETFs See Outflows as Solana Picks Up Speed

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Bitcoin Updates: Bitcoin ETFs See Outflows as Solana Picks Up Speed

Bitget-RWA2025/11/20 05:22

By:Bitget-RWA

- Bitcoin ETFs saw $75.4M net inflow led by BNY Mellon's IBIT , contrasting Ethereum ETFs' $37.4M outflow. - Abu Dhabi's ADIC tripled BlackRock IBIT holdings to $520M amid Bitcoin's 6-month price drop below $100K. - Solana ETFs gained $48.5M in 16-day streak, while BlackRock's IBIT faced record $523M outflow on Nov 19. - Analysts cite "mini bear market" from fading ETF inflows and weak macro signals, but note Solana staking and policy clarity as potential rebounds.

In trading yesterday,

Bitcoin

spot ETFs experienced a net positive flow of $75.4 million. Of this, BNY Mellon's

IBIT

drew in $60.6 million. In contrast,

Ethereum

spot ETFs saw investors pull out $37.4 million,

with $24.6 million withdrawn from BNY Mellon's ETHA

. This comes against the backdrop of a three-week downturn for digital asset funds, which collectively lost $3.2 billion,

including $2.1 billion in outflows from BlackRock's IBIT alone

. During the third quarter, the Abu Dhabi Investment Council (ADIC) nearly tripled its investment in BlackRock's IBIT,

amassing $520 million in holdings

despite recent price swings in Bitcoin.

Bitcoin's value dipped below $100,000 for the first time in half a year, intensifying ETF redemptions.

BlackRock's IBIT experienced a record $523 million in daily outflows

on November 19, marking the highest since its launch in January 2024. Analysts linked the sell-off to a "mini bear market"

triggered by waning ETF inflows

, a lack of strong macroeconomic drivers, and reduced participation from long-term investors.

At the same time,

Solana

spot ETFs continued to attract investment, bringing in $48.5 million on November 20,

marking 16 straight days of inflows

This divergence in ETF flows underscored changing investor preferences. While Bitcoin and Ethereum ETFs faced challenges, Solana-based funds such as Bitwise's BSOL

saw growing interest, accumulating $420 million in total inflows

since October 28. Canary Capital's XRP ETF also set a new record,

achieving $245 million in net inflows on its first day

. However, Bitcoin's recent price drop—

down 5.79% over the past week

—has raised fears of further declines, with technical signals pointing to a possible fall to $95.

Institutional appetite for crypto assets remained uneven. ADIC's increased IBIT holdings indicated rising adoption in the UAE, while

BlackRock's ETF outflows signaled a broader shift in risk appetite

amid ongoing uncertainty about Federal Reserve actions. ETF expert Eric Balchunas observed that Bitcoin ETFs could see a "3.5% AUM reduction"

if November redemptions surpass $3.56 billion

. Still, some analysts maintained a cautiously positive outlook,

pointing to Solana's staking-focused ETFs

and the prospect of improved macroeconomic conditions as potential drivers for recovery.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- Japan's $135.4B stimulus package triggered a 3.41% surge in 30-year bond yields, destabilizing the $20T yen carry trade and sparking global crypto/stock selloffs. - Rising yields threaten Japan's 230% GDP debt load with higher servicing costs, creating a "debt death spiral" risk as BOJ hesitates to tighten policy. - Forced deleveraging by financial institutions intensified Bitcoin's 26% drop, with Ethereum/XRP/Solana also falling 3-5.6% amid margin calls and capital repatriation. - Upcoming 40-year bond

Bitget-RWA•2025/11/21 07:50

Bitcoin News Update: Japan's Bond Turmoil Triggers Worldwide Crypto Sell-Off Amid Yen Carry Trade Reversal

Bitcoin News Today: Bitcoin ETFs See $523M Outflow as Investors Weigh Fear Against Long-Term Strategies

- BlackRock's IBIT ETF recorded a $1.26B net outflow in Nov 2025, its largest redemption since 2024 launch. - Bitcoin price fell 16% to $52, triggering $2.59B outflows across 11 spot ETFs as bearish options demand surged. - Put-call skew hit 3.1% (7-month high), reflecting heightened pessimism and capitulation pressures in Bitcoin's price action. - Gold ETFs gained $289M as investors sought safe havens, contrasting with $1B inflows to tech/healthcare sector funds. - Year-to-date Bitcoin ETF inflows ($27.4B

Bitget-RWA•2025/11/21 07:50

Bitcoin News Today: Bitcoin ETFs See $523M Outflow as Investors Weigh Fear Against Long-Term Strategies

YFI Drops 1.7% After Subpar Weekly Results as Edgewater Showcases AI-Powered Wi-Fi at Canada’s Leading Semiconductor Conference

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Bitget-RWA•2025/11/21 07:46

YFI Drops 1.7% After Subpar Weekly Results as Edgewater Showcases AI-Powered Wi-Fi at Canada’s Leading Semiconductor Conference

Ethereum Updates Today: Ethereum Transforms into Digital Bonds, Soaring Above $3,000 Driven by Institutional Interest

- Ethereum surged past $3,000 in late 2025 driven by institutional demand, ETF approvals, and technical upgrades like the Fusaka upgrade. - BlackRock's staked Ethereum ETF attracted $13.1B inflows since 2024, reclassifying staked ETH as "digital bonds" for institutional investors. - Over 69 corporations now hold 4.1M ETH in treasuries, but ETF outflows highlight ongoing market differentiation from Bitcoin . - Fusaka's focus on layer-1 scalability aims to redirect economic activity to Ethereum's base layer

Bitget-RWA•2025/11/21 07:28