Bitcoin (BTC) exchange-traded funds (ETFs) operating on the Wall Street market recorded one of their most complex performances of the year 2025, experiencing a significant capital outflow that impacted the value of the digital currency.
These financial instruments reported yesterday, November 13, a total net outflow of 869 million dollars, marking its second worst day since the start of operations in January 2024.
All spot ETFs experienced withdrawals, with the Grayscale Bitcoin Mini Trust ETF (BTC) fund being the hardest hit with a net outflow of $318 million.
The following chart, provided by SosoValue, shows how capital flow has been to and from BTC ETFs since their launch:
It was followed by the iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC), with redemptions of $256 million and $119 million respectively, ranking as the funds with the largest capital exoduses.
The largest capital outflow since the launch of these instruments had previously been recorded on February 25, with a total of $1.14 billion.
As a consequence of this dynamic, the price of the digital asset has experienced a considerable correction below $100,000, reaching levels not seen since May. In the current day, The digital currency is trading around $97,150which represents a drop of 14% in the last month.
This outflow of capital from bitcoin ETFs puts selling pressure on the asset. As CriptoNoticias has reported, spot ETFs work by purchasing and holding bitcoin to back their shares, making them a crucial component of the digital asset’s price dynamics. When investors withdraw their capital, managers find it necessary to sell part of their bitcoin holdings to cover these redemptions. This increase in supply, without offsetting demand, results in direct downward pressure on bitcoin.