Crypto ETF Investors Pull Billions as Bitcoin Slides Below $90,000
Key Takeaways
- Bitcoin has slid below $90,000 as ETF flows turned negative, with $2.9 billion withdrawn from crypto ETFs over the past week.
- If the trend holds, November would mark the largest net withdrawals on record from crypto funds in dollar terms.
- Macro uncertainty and forced liquidations have amplified volatility, and bitcoin’s correlation to gold has weakened.
With the selloff in bitcoin worsening, investors in cryptocurrency exchange-traded funds have started heading out the door for the first time since the early months of 2025.
So far this month, investors have pulled a net $2.9 billion from crypto ETFs around the globe. If sustained, this would be a record level of monthly withdrawals, amounting to roughly 1.7% of the $172…
