Bitcoin News Today: Spot ETFs See $2.3B Outflow as Bitcoin Faces Potential Fresh Lows

Bitcoin,

, Fall, While Edges Higher: Analyst Predicts May Reach Fresh Lows Next Week

The crypto market faced heightened volatility in late November 2025, as

(BTC) and Ethereum (ETH) both saw sharp declines, driven by significant outflows from spot ETFs. The lackluster reaction from U.S. markets to the government reopening, combined with ongoing economic uncertainty, has added to investor disappointment, at $94,175 and down to $3,070—a level last reached in mid-July. that the downward momentum could continue, with Bitcoin possibly establishing new lows in the week ahead.

Spot Bitcoin ETFs, once a major driver for institutional investment in crypto, have seen outflows exceeding $2.33 billion just in November. This month is shaping up to be the worst on record for these funds, with $1.6 billion withdrawn over three straight days.

shows the trend intensified on Nov. 13, marking the worst session in almost nine months. Ethereum spot ETFs performed even more poorly, with $1.24 billion in outflows for November and four consecutive days in the red. a broader wave of panic in the market, sparked by Bitcoin’s 13.3% monthly drop, even though the coin is still 24.8% below its peak value.

Blockchain analytics provider Glassnode described Bitcoin as currently "trapped in a consolidation phase." Although prices briefly rebounded to $106,000 and drew renewed buying interest,

between $106,000 and $118,000—where many holders are selling to break even—has created strong resistance. "A lasting recovery will depend on new inflows that can absorb this selling pressure," the firm commented. This, along with the slow recovery of U.S. markets after the shutdown, has made investors wary.

On the other hand, XRP has demonstrated strength. Its spot ETF, managed by Canary Capital, saw a record $243 million in inflows on its debut day—standing in sharp contrast to the outflows from BTC and ETH. Still, XRP and smaller ETFs for

(SOL) and (LTC) are not yet able to offset from the largest funds.

The difficulties across the market are clear: 80 of the top 100 cryptocurrencies declined in the last 24 hours,

to $3.57 trillion. Although corrections of 35-45% are common in bull markets, Bitcoin’s current 24.8% pullback is raising fears of further declines. Analysts are split on whether a turnaround is near, with some arguing the market may need to "shake out" weaker investors before a real recovery can begin.