$869M Flees Bitcoin ETFs in Single-Day Stampede—Dip Buyers Licking Their Chops

Wall Street's crypto darling just coughed up a lung. Bitcoin ETFs bled $869 million in a single session—the worst outflow since their launch.

Panic or profit-taking? Traders hit eject as BTC wobbled below key support levels. 'When the tide goes out, you see who's swimming naked,' quipped one fund manager—though he asked not to be named while his firm's AUM tanks.

Silver lining? This flushout sets up a textbook buy-the-dip opportunity. 'Weak hands make strong charts,' shrugged a crypto OTC desk trader, already stacking sats. Meanwhile, traditional finance guys are too busy recalculating their year-end bonuses to notice.

Still, long-term net inflows remain positive for top issuers, with IBIT holding $64.25 billion cumulatively and Fidelity at $11.92 billion. Other funds, like Ark and 21Shares’ ARKB and Bitwise’s BITB, continued steady but smaller contributions.

Even with the outflow, bitcoin ETFs have attracted a total of $59.34 billion since they launched in January 2024. The combined value of all these funds stands at $130.54 billion, about 6.7% of Bitcoin’s total market capitalization. 

ETF flows mirror Bitcoin’s price moves

Sosovalue’s FLOW chart shows highly volatile capital movements across Bitcoin ETFs throughout 2025. Between May and July, inflows were strong, often topping $1 billion a day, showing high interest from institutions. ETF values grew while Bitcoin’s price moved alongside them. 

But starting in late August, the pattern changed. By November 13, daily outflows nearly hit $1 billion, one of the biggest drops in months. As a result, ETF assets fell from around $160 billion to $130 billion, and Bitcoin’s price slid toward $98,000.

Analyst crypto Rover pointed out that the current Bitcoin cycle is growing more slowly compared to past cycles. His chart shows that after previous lows—especially in 2015-2018 and 2018-2022—prices climbed faster. The red-shaded area marks a typical post-peak correction, a period when the market usually cools and prices pull back.

According to the 4-year cycle, we’re already in a bear market. pic.twitter.com/F8EspHwXbc

At the time of publishing, Bitcoin was trading NEAR $99,207, down 5.44% in the past 24 hours. It has a 24 hour trading volume of $114.38 billion and its market capitalization currently stands at $1.94 trillion, as per CoinMarketCap data. 

New crypto ETFs gain momentum

Despite Bitcoin ETFs’ pullback, new products like XRP and multi-coin ETFs are drawing attention. Canary’s XRP ETF, XRPC, exceeded Bloomberg’s full-day trading volume estimate within 30 minutes, reaching $26 million against a $17 million target. Bloomberg analyst Eric Balchunas noted that the fund could surpass Bitwise’s solana Staking ETF as the largest debut of the year.

$XRPC at $26m in volume in first 30min, wow, gonna blow away my $17m guess. Has good shot at beating $BSOL's $57m as biggest Day One of any launch this year. pic.twitter.com/UrbHsRYxYV

Swiss-based 21Shares launched the FTSE Crypto 10 Index ETF (TTOP.P) and FTSE Crypto 10 ex-BTC Index ETF (TXBC.P), offering exposure to multiple cryptocurrencies. Duncan Moir of 21Shares emphasized the regulatory benefits of ’40 Act funds and noted that multi-coin ETFs are likely favored by professionals and advisers due to uncertain long-term winners in crypto. The ETFs entered a volatile market, but Moir expects gradual adoption by institutional investors.

Meanwhile, recently Canary Capital filed a proposed “Canary MOG ETF,” a spot ETF tracking the memecoin MOG Coin. The fund will hold MOG directly, with minimal ETH for transaction fees. This is the first U.S. attempt to offer a memecoin via a regulated ETF, signaling growing diversification in crypto investment products.

Also Read: Bitcoin price Drops Below $98K Amid Heavy Long-Term Holder Selling