Bitcoin News Today: Structural Reset in Crypto as ETFs Lose $2B Amid Investor Exodus

The selloff in cryptocurrency exchange-traded funds (ETFs) has intensified, with investors pulling billions from Bitcoin and Ethereum products as prices stabilize below recent peaks. U.S. spot crypto ETFs recorded $1.32 billion in outflows between November 10 and 14, according to data from Farside Investors. BlackRock's IBIT, the largest bitcoin ETF, led the exodus with $532.4 million in redemptions, while Fidelity's FBTC lost $89 million. Ethereum ETFs fared worse, with BlackRock's ETHA shedding $421.4 million as institutional and retail investors trimmed positions amid a broader market correction.

The trend has persisted into the week, with the U.S. Bitcoin spot ETF posting a net outflow of $220.1 million on November 18, marking the fourth consecutive day of withdrawals. BlackRock's IBIT alone saw $145.6 million in redemptions, while ARKB lost $29.7 million. The outflows have accelerated a price slide for Bitcoin, which now trades near $95,292, down from late-October highs. BlackRock's IBIT has dropped 16% to $52, a level last seen in April, as traders scramble to hedge against further declines.

The selloff has rippled across the crypto ecosystem. XRP, the 10th-largest cryptocurrency by market capitalization, saw its first U.S. spot ETF launch on November 14, but the asset faced immediate selling pressure. Despite the Canary Capital XRP ETF (XRPC) debuting with $58 million in trading volume - the best-performing ETF of 2025 - 149 million XRP vanished from exchanges in 24 hours. According to analysts, the outflows are attributed to macroeconomic uncertainty and thin liquidity, with long-term holders dumping holdings at the fastest rate since 2021.

Market participants are bracing for further volatility. Bitcoin's recent plunge below $90,000 has erased nearly $1.1 trillion in market capitalization, while Ethereum has fallen 35% since October 10. According to data from Coinglass, over $2 billion in liquidations have been triggered since October.

The ETF outflows highlight a broader shift in investor sentiment. "The speed and magnitude of the move suggest a structural reset," said David Puell, a research analyst at ARK Invest. Meanwhile, Canary Capital's XRP ETF has paused new filings pending regulatory clarity, signaling caution in the face of ongoing market turmoil.