November witnessed significant outflows from Bitcoin ETFs, with nearly $2.8 billion pulled out of the market. This massive exodus triggered a 2.8% drop in Bitcoin’s price and highlights the impact of investor sentiment on the cryptocurrency industry. The largest outflow came from BlackRock’s iShares Bitcoin Trust, contributing to heightened volatility and prompting strategic adjustments within institutional portfolios. This trend aligns with historical patterns where ETF inflows and outflows often correlate with major market fluctuations. 2024 saw the first U.S.-listed Bitcoin ETF launch, and this year’s outflows follow a similar trajectory, signaling a continued impact on BTC dynamics.