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

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

Bitget-RWA2025/11/17 03:46

By:Bitget-RWA

- Cryptocurrency markets plunged in late 2025 as Bitcoin (BTC) and Ethereum (ETH) hit six-month lows amid $2.3B ETF outflows. - Analysts warn BTC could test new price floors, with consolidation resistance between $106,000-$118,000 hindering recovery. - XRP's ETF saw record inflows contrasting BTC/ETH trends, but smaller coins struggle to offset top-tier liquidity drains. - Market capitalization fell to $3.57T with 80/100 cryptos declining, raising concerns about deeper corrections amid weak investor sentim

Bitcoin,

Ethereum

Dogecoin

Fall, While

XRP

Edges Higher: Analyst Predicts

BTC

May Reach Fresh Lows Next Week

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

Bitcoin

(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,

sending BTC to its lowest point in six months

at $94,175 and

ETH

down to $3,070—a level last reached in mid-July.

Bitcoin News Today: Spot ETFs See $2.3B Outflow as Bitcoin Faces Potential Fresh Lows image 0

Experts caution

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 This month is shaping up to be the worst on record for these funds, with $1.6 billion withdrawn over three straight days.

Data from SoSoValue

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.

These withdrawals signal

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,

a heavy supply zone

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

Solana

(SOL) and

Litecoin

(LTC) are not yet able to offset

the liquidity shortfall

from the largest funds.

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

with overall market value dropping

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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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