Spot Bitcoin ETFs recorded roughly $1.2 billion in outflows in the week (the third-largest in 22 months) and about $3.79 billion in outflows for November. Outflows were led by BlackRock’s IBIT (> $1B); GBTC and FBTC lost ~$172M and $116M respectively, although Friday saw partial recoveries (FBTC +$108M, GBTC +$84.9M, BTC +$61.5M). The outflows and BTC’s six-week, ~33% decline from its October all-time high coincided with weaker Fed rate-cut prospects and AI valuation concerns. Newly listed altcoin ETFs (notably XRPC and BSOL) attracted strong inflows while the SEC reviews many altcoin fund applications.

Fact-based metrics show ~ $1.2B weekly outflow (third-largest in 22 months) and ~$3.79B of November outflows; IBIT led with > $1B in outflows; Bitcoin is down ~33% from October ATH amid deteriorating Fed rate-cut odds and AI valuation concerns; some funds saw Friday inflows (FBTC +$108M, GBTC +$84.9M, BTC +$61.5M).