Well, well, well, if it ain’t another day in the world of crypto ETFs-where the only thing more volatile than the market is my mood. On November 20, Bitcoin spot ETFs saw a massive $903 million net outflow-yes, you read that right, 903 million! And that wasn’t some random fluke, mind you; no, the hefty withdrawal came courtesy of none other than BlackRock’s iShares Bitcoin Trust (IBIT) pulling a neat $355.5 million out of the pot. Guess someone’s not betting on the bull run anymore, huh?
But hold onto your hats, folks, Ethereum wasn’t far behind on this rollercoaster ride. It too saw a hefty $262 million stroll out the door, and let me tell you, it’s the eighth day in a row that the redemptions have been coming thick and fast. Ethereum’s got the kind of luck you’d expect from a bad poker hand-except this hand keeps losing for eight straight days. 👀
And then, just when you think it’s all doom and gloom, enter Solana-like a kid who aced the class while everyone else was skipping school. Solana spot ETFs posted a whopping $23.66 million in net inflows. I know, I know, it’s not as grand as Bitcoin’s record-breaking plunge, but hey, when everyone else is jumping off a sinking ship, a life raft is a welcome sight, right?
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2025-11-21 12:33