Bitcoin News Today: Bitcoin ETFs See $1.1B Outflow, While New Investments Flow Into XRP and Solana Funds
- U.S. Bitcoin ETFs lost $1.11B in three weeks, with BlackRock's IBIT and Grayscale's BTC leading outflows amid Bitcoin's six-month low at $95,200. - Analysts link redemptions to macroeconomic uncertainty and profit-taking after October's $126,000 rally, while Harvard tripled its IBIT holdings to $442.8M. - XRP and Solana ETFs attracted $255M in new capital, highlighting crypto diversification as Ethereum ETFs also faced $259M in single-day outflows. - Market debates Bitcoin's $94,000 support level amid th
U.S. spot
The sell-off intensified on November 13, when Bitcoin ETFs registered their second-highest single-day outflow of $869 million since launching in January 2024
Simon Gerovich, CEO of Japanese Bitcoin treasury company Metaplanet, stated that ETFs do not necessarily diminish the attractiveness of holding Bitcoin directly. “ETFs offer passive exposure—your BTC position remains unchanged unless there are new inflows,” he posted on X, disputing the idea that ETFs are a threat to treasury firms
As Bitcoin ETFs face outflows, new crypto investment products are attracting funds. The launch of the first U.S. XRP ETF on November 13 brought in $243 million,
Some institutions are still increasing their exposure. Harvard University tripled its investment in BlackRock’s IBIT,
The technical picture for the market remains uncertain. Bitcoin’s decline below $94,000—a level last seen in May—has
---
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.
You may also like
YFI Drops 43.91% Over the Past Year as Price Continues to Fall
- YFI fell 1.64% in 24 hours to $4,510, extending a 43.91% annual decline amid sustained bearish momentum. - Technical indicators show a "death cross" pattern and oversold RSI, signaling prolonged downward pressure without reversal catalysts. - Analysts attribute the decline to macroeconomic uncertainty and shifting risk appetite, predicting continued volatility and structural bear trends.
AI Bubble Concerns Grow as Thiel Sells Nvidia Shares, Analysts Stay Optimistic
- Peter Thiel's fund sold its $100M Nvidia stake, raising AI valuation concerns amid SoftBank's $5.8B exit. - Analysts maintain Buy ratings for Nvidia, citing surging demand from cloud giants like Microsoft and Amazon . - Market debates AI sector sustainability as Thiel reallocates capital to AI startups while Nvidia trades at 31.88x P/E. - Upcoming earnings report will test if AI growth optimism matches $54.89B revenue expectations and 90% data center sales.

XRP News Today: XRP Stands Strong Against Bear Market as ETF Investments Surpass Retail Outflows
- XRP price stabilized above $2.25 as Canary Capital's XRPC ETF generated $58.5M in first-day trading volume, surpassing other crypto ETFs. - SEC's July approval of in-kind redemption models enabled institutional adoption, with XRPC attracting $250M inflows via direct XRP token exchanges. - Whale 0x9ee increased XRP holdings to $52.2M, while XRPC's $26M 30-minute trading volume outperformed Bitwise's Solana ETF debut. - Despite bearish technical indicators and weak retail demand, shrinking XRP supply avail

Jeffrey Epstein’s emails reveal dialogue with the crypto industry
