November just delivered a punch to US spot Bitcoin ETFs — $3.48 billion walked out the door, marking the biggest monthly exodus since February. Here's the kicker: BlackRock's IBIT alone bled $2.34 billion in net outflows. That's nearly 70% of the total damage coming from a single product. The institutional money that poured in earlier this year? Yeah, some of it's clearly having second thoughts.
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November just delivered a punch to US spot Bitcoin ETFs — $3.48 billion walked out the door, marking the biggest monthly exodus since February. Here's the kicker: BlackRock's IBIT alone bled $2.34 billion in net outflows. That's nearly 70% of the total damage coming from a single product. The institutional money that poured in earlier this year? Yeah, some of it's clearly having second thoughts.