Bitcoin News Update: Bitcoin ETFs See $1.9B Outflow While Competing Altcoins Draw $420M in Just 16 Days

Bitcoin ETFs Log Fourth Straight Day of Withdrawals as Investors Adjust Holdings

U.S.-listed spot Bitcoin exchange-traded funds (ETFs)

on November 18, marking the fourth consecutive session of investor withdrawals, Farside Investors reported. This wave of selling added to broader market unease, with —the largest ETF by assets—posting $145.6 million in redemptions, and experiencing $29.7 million in outflows. Altogether, the 11 U.S. spot Bitcoin ETFs over the last four days, indicating a shift in institutional risk tolerance.

The selloff accelerated as Bitcoin’s price dropped below $90,000,

, according to CoinGecko. Analysts point to macroeconomic challenges, , which has reduced market liquidity, and diminished expectations for a Federal Reserve rate cut in December. “Institutions are reducing positions amid heightened volatility and waiting for clearer direction,” said Nick Ruck, director at LVRG Research .

Ethereum ETFs also came under pressure,

on November 18. BlackRock’s ETHA led the outflows, losing $193 million, though Grayscale’s ETHE and ETH products partially offset the trend with $13 million in new investments . In contrast, altcoin ETFs saw positive momentum, as , , and funds attracted new capital. Canary Capital’s XRP ETF alone brought in $25.41 million on November 17 , reflecting a move toward assets with more regulatory certainty and staking rewards.

BlackRock’s

suffered its largest single-day outflow on November 19, with . The fund has now seen $1.43 billion exit over five consecutive days, despite overseeing $72.76 billion in net assets . The withdrawals mirrored Bitcoin’s price movement, earlier this week after reaching a high of $126,080 in October. Vincent Liu of Kronos Research commented that these outflows represent “institutional portfolio adjustments rather than panic selling,” as investors prepare for potential macroeconomic developments.

Across the market,

so far in November—on pace to surpass February’s record $3.43 billion in withdrawals. Still, , with combined net assets reaching $121 billion, accounting for 6.6% of all circulating Bitcoin. Analysts warn that continued outflows could deepen the market correction, .

The contrast between blue-chip and altcoin ETF flows highlights changing investor preferences. While Bitcoin and

ETFs are seeing redemptions, have attracted $420 million in new investments over the past 16 days. “Altcoin ETFs are gaining popularity by providing yield opportunities and regulatory transparency,” said Rachael Lucas of BTC Markets .

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