BlackRock Bitcoin ETF Outflows Surge, Shattering Records in November

US-based exchange-traded funds (ETFs) focused on Bitcoin are experiencing an unprecedented outflow of capital in November 2025. With withdrawals totaling $3.79 billion, the month has witnessed record redemptions. Notably, BlackRock’s iShares Bitcoin Trust (IBIT), leading the charge with a staggering $2.47 billion withdrawn, accounts for 63% of total ETF redemptions this month. This trend marks a stark contrast to the previous months’ performance, as Bitcoin-related ETFs are facing their lowest point since January 2024.