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    Sharp Decline in US Bitcoin ETF Investments as $438 Million Exits in a Single Day

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    Bitcoin ETFs in the US saw $438.37 million leave in a single day on November 25, a sharp contrast from the $1 billion inflow on November 21. The significant outflow, though still leaving a net inflow of $30.4 billion year-to-date, hints at a change in market direction. Total assets managed by Bitcoin ETFs slipped to around $102.23 billion. Despite the outflows, BlackRock’s iShares Bitcoin Trust, with total assets valued at $47.03 billion, remains the largest Bitcoin ETF.

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    Bitcoin-focused exchange-traded funds (ETFs) in the U.S. saw a whopping $438.37 million leave their coffers in a single day on November 25. This was a stark contrast from the earlier trend in November, especially the $1 billion rush on November 21, as per data from a crypto-tracking platform called Sosovalue. However, these numbers hint at a change in the way the market is leaning.

    According to Sosovalue, as of November 25, Bitcoin-centric ETFs have witnessed a net inflow of around $30.4 billion, much of it due to interest from larger institutions.

    ETFs allow both individual and large-scale investors to invest in digital currencies like Bitcoin and they play a significant role in maintaining the stability of crypto prices, like Bitcoin.

    A big $438.37 million left Bitcoin ETFs on November 25, taking away some of the excitement that had been building up since Donald Trump’s re-election. After Trump’s victory, Bitcoin prices spiked to almost $99,655 on November 22, but post the recent outflows, they dropped to around $92,000, likely due to investors cashing in their gains.

    Total assets managed by Bitcoin ETFs have slipped to roughly $102.23 billion, down from a peak of $107.49 billion on November 22. But even after this, these ETFs still wield notable influence with larger institutional investors controlling over 5% of the entire crypto market.

    Between November 18 and 22, Bitcoin ETFs in the U.S. saw a net inflow of $3.38 billion based on Sosovalue’s data, more than doubling the $1.67 billion from the previous week. This set a new record and marked the seventh week in a row where inflows were more than outflows.

    Despite the swings on November 25, BlackRock’s iShares Bitcoin Trust remains on top with total assets valued at $47.03 billion and a net inflow of $31.6 billion.

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