Key Notes

November marks the worst month for Bitcoin ETFs with cumulative outflows surpassing all previous monthly records since launch.

Average spot Bitcoin ETF purchase price sits at $90,146, leaving many investors at breakeven or loss levels amid current prices.

Despite massive withdrawals, IBIT maintains market leadership with $87.63 billion in assets under management as of Nov 19.

Investors pulled approximately $523 million from BlackRock ‘s iShares Bitcoin Trust (IBIT) on Nov. 18, marking the fund’s largest outflow since its debut in January 2024, according to data from Farside Investors.

This significant withdrawal comes amid a broader decline in Bitcoin BTC $88 933 24h volatility: 4.7% Market cap: $1.78 T Vol. 24h: $73.85 B prices, which recen

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