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BackStock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion
Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion
NEWS
Cointelegraph35 minutes agoBusiness1 min read

Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion

Withdrawals bring net outflows from US spot Bitcoin ETFs to roughly $1.6 billion since November.

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Quick Look

US spot Bitcoin ETFs recorded $95 million in net outflows on Tuesday, bringing total November withdrawals to about $1.6 billion as investors shifted capital toward equity funds during a broader market pullback.

AI-generated summary

Why It Matters

US spot Bitcoin ETFs have seen continuous withdrawals in November alongside declining demand indicators.

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US spot Bitcoin exchange-traded funds (ETFs) recorded $95 million in net outflows on Tuesday as investors poured billions of dollars into stock funds during a market pullback.

Tuesday’s withdrawals brought net outflows from US spot Bitcoin (BTC) ETFs to roughly $1.6 billion since the start of November, according to SoSoValue data.

Bitcoin ETF outflows eased for a third straight session, while stock funds accounted for all 17 of the top US-listed ETFs by inflows over five trading sessions, according to Bloomberg ETF analyst Eric Balchunas.

Equity ETF investors “devoured” the dip

US-listed ETFs attracted roughly $12 billion per day over those five sessions, with all 17 of the top funds by inflows investing in equities, Balchunas said on X on Tuesday.

The biggest beneficiaries included Vanguard’s S&P 500 ETF (VOO), Invesco’s Nasdaq-100 ETF (QQQ) and BlackRock’s iShares Core S&P 500 ETF (IVV).

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $78 million in net withdrawals Tuesday, its eighth straight trading session of outflows. The fund recorded about $1.73 billion in net outflows over the streak, according to Farside Investors.

Morgan Stanley’s Bitcoin Trust ETF (MSBT) attracted $20 million Tuesday, although the inflows were insufficient to offset broader losses.

Bitcoin demand weakens as ETF outflows ease

Daily net outflows from Bitcoin ETFs outflows slowed from $430 million Thursday and $412 million Friday to $201 million Monday and $95 million Tuesday, but broader market indicators remained weak, according to CryptoQuant.

CryptoQuant’s Bitcoin Bull Score Index dropped to 20 on Monday from 90 on Oct. 13, signaling “extremely bearish” conditions, according to a Tuesday report seen by Cointelegraph.

The analysts reported that apparent Bitcoin demand contracted by 284,000 BTC over 30 days, the fastest pace since March 2025. CryptoQuant said similar conditions have preceded local market bottoms but warned that a deeper correction remains possible, identifying $73,200 as a key Bitcoin support level.

At publishing time, Bitcoin traded at $73,998, down 1% over the past 24 hours, and down 5.2% over the past seven days, according to CoinGecko.

What to Watch

AI outlook — possibilities, not facts

  • Bitcoin price tests $73,200 support level

    Possible · Within days

Open Questions

  • Will Bitcoin break below the $73,200 support level?
  • How long will the outflow streak continue for BlackRock's IBIT?

Related Topics

bitcoin
PeopleEric Balchunas
OrganizationsSoSoValueBloombergVanguardInvesco
PlacesUS
Topicsetfcryptocurrencyblackrocksosovaluecryptoquantvanguard
This article was originally published by Cointelegraph.

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