Bitcoin ETFs lose record $4.57 billion in two months
CoinDesk
U.S. spot Bitcoin ETFs experienced a record net outflow of $4.57 billion across November and December 2025.Summary
U.S.-listed spot Bitcoin exchange-traded funds (ETFs) suffered their worst two-month stretch on record in November and December 2025, seeing a combined net outflow of $4.57 billion, surpassing the previous record set in early 2024. This significant redemption coincided with a 20% drop in Bitcoin's price during the same period. Ether ETFs also saw substantial outflows, exceeding $2 billion. However, some experts suggest this is a market equilibrium phase where weak hands are exiting, rather than panic, with stronger balance sheets absorbing the supply. Contrasting the trend, XRP ETFs attracted over $1 billion in inflows, and SOL ETFs gained more than $500 million.
(Source：CoinDesk)