BAF NEWS

TL;DR

november 2025 bitcoin etf outflows are nearing a record, with about $3.5 billion pulled so far. BlackRock’s IBIT leads with around $2.2 billion in redemptions. Meanwhile, Bitcoin’s drop toward $80,553 has made November look like bitcoin worst month since 2022.

November 2025 Bitcoin ETF Outflows Near Record

november 2025 bitcoin etf outflows have reached roughly $3.5 billion, according to Bloomberg and InvestmentNews. That nearly matches the $3.6 billion record set in February 2025. Moreover, blackrock ibit redemptions dominate the tally at about $2.2 billion.

Flows turned sharply negative through mid-month. As investors de-risked, u.s. spot bitcoin etfs saw accelerated selling across the largest products. Consequently, the group is on track for one of its worst monthly net outflow prints since launch, Bloomberg reported.

Bitcoin price slump marks worst month since 2022

Bitcoin fell as much as 7.6% to about $80,553 on Nov. 21, Reuters and Bloomberg reported. Consequently, November is shaping up as bitcoin worst month since 2022. The selloff reflects a broader flight from risk assets.

Reports have repeatedly framed November as bitcoin worst month since 2022. Furthermore, market-makers faced a fragile trading backdrop, which added to intraday swings, according to Bloomberg coverage.

Weekly tally: four straight weeks of outflows

For the week ended Nov. 21, u.s. spot bitcoin etfs posted about $1.22 billion in net outflows, The Block reported. During the same period, blackrock ibit redemptions were roughly $1.09 billion, per The Block and Investor’s Business Daily. Therefore, the funds notched a fourth straight week of redemptions.

Timeline: November 2025 Bitcoin ETF Outflows

On Nov. 20, u.s. spot bitcoin etfs recorded around $903 million in combined net outflows, among the largest daily totals since launch, according to The Block. Data show nov 20 2025 bitcoin etf outflows of about $903 million, underscoring the month’s intensity. The nov 20 2025 bitcoin etf outflows were led by IBIT, GBTC, and FBTC, The Block said.

By Nov. 24, november 2025 bitcoin etf outflows totaled roughly $3.5 billion, Bloomberg and InvestmentNews reported. Meanwhile, Bitcoin’s drawdown deepened the pressure on flows.

IBIT leads withdrawals amid risk-off tone

BlackRock’s flagship has been the main driver of November’s withdrawals. Specifically, blackrock ibit redemptions reached about $2.2 billion for the month, Bloomberg reported. In the latest week alone, blackrock ibit redemptions were roughly $1.09 billion as selling broadened across u.s. spot bitcoin etfs.

What’s next: could November set a new outflow record?

With a few sessions left, totals remain close to the $3.6 billion peak from February 2025. Consequently, whether november 2025 bitcoin etf outflows set a new monthly record will hinge on late-month prints. Still, the largest funds, particularly IBIT, will likely determine the final outcome.