U.S. spot bitcoin ETF outflows $3.50 billion in November, largest monthly outflow since February

According to SoSoValue data, the US spot bitcoin ETF recorded a net outflow of $3.50 billion in November, setting the largest monthly negative flow record since this year. Since October 31, bitcoin ETFs have recorded net outflows for four consecutive weeks, with a total outflow of $4.34 billion. However, before the US Thanksgiving holiday, the last three days of November turned to net inflows.