Record Outflows of $3.79 Billion from U.S. Crypto ETFs Signal Market Uncertainty

U.S. crypto exchange-traded funds (ETFs) experienced a record outpouring of $3.79 billion in November 2025, raising concerns about the short-term stability of these assets. This significant withdrawal was largely driven by major players like BlackRock and Fidelity, reflecting institutional investors’ shifting risk profiles and heightened macroeconomic uncertainty.