Bitcoin News Today: Institutions Drive $1.1B Crypto Exodus as Panic Index Hits 2-Year Low

The crypto market faced a dramatic sell-off on November 20, 2025, as U.S. Bitcoin and Ethereum exchange-traded funds (ETFs) logged record outflows exceeding $1.1 billion, exacerbating a broader downturn in digital assets. Bitcoin (BTC) and Ethereum (ETH) prices sank to yearly lows, with BTC falling over 9% to $83,884 and ETH dropping below $2,800, according to data from SoSoValue and TradingView https://finance.yahoo.com/news/bitcoin-ethereum-etfs-post-record-094215759.html. The selloff marked the second-largest outflow for Bitcoin ETFs since their January 2024 launch, with BlackRock's iShares Bitcoin Trust (IBIT) alone bleeding $355.5 million in a single day.

Ethereum ETFs extended their outflow streak to ten consecutive days, losing $261.59 million on November 20, pushing the total net inflow for the asset class to $12.56 billion. Meanwhile, ETH's 14-day price decline of 19.4% underscored mounting selling pressure, with analysts attributing the drop to institutional profit-taking and a shift in risk appetite. "Institutional investors are leading the charge, with ETF outflows signaling profit-taking and risk-off positioning," Rachael Lucas, crypto analyst at BTC Markets, told The Block https://cryptonews.com/news/u-s-bitcoin-etfs-log-903m-in-outflows-ethereum-etfs-bleed-another-262m-amid-market-bloodbath/.

The market's bearish sentiment was further amplified by a crypto fear and greed index reading of 11-its lowest since July 2023-indicating extreme pessimism. Over $831 million in leveraged crypto futures positions were liquidated in 24 hours, with longs accounting for $696 million of the losses, per Coinglass data. Bitcoin miner economics and technical breakdowns also contributed to the turmoil, according to Przemysław Kral, CEO of zondacrypto.

Amid the carnage, Solana (SOL) and XRP ETFs bucked the trend, recording inflows of $23.66 million and $118.15 million, respectively, signaling institutional rotation into altcoins with perceived upside. This contrast highlighted diverging strategies among investors, with some hedging against further declines while others sought opportunities in smaller-cap assets.

The selloff coincided with broader financial market instability, as the S&P 500 erased $1.5 trillion in value within 100 minutes due to algorithmic trading triggers. Japanese 10-year bond yields and unwinding decentralized autonomous organization (DAO) token (DAT) positions added to the pressure on crypto, according to veteran traders.

Looking ahead, analysts remain divided. Kral noted that Bitcoin's technical indicators suggest potential for further declines toward $80,000 but emphasized that large holders' continued buying signals underlying confidence. Ethereum's price, currently trading at $2,729, faces critical support levels at $2,500 and $2,380, with a rebound above $3,000 seen as a potential catalyst for a short-term recovery https://finance.yahoo.com/news/why-crypto-down-today-november-110218552.html.