BREAKING
68d 9h ago
Bitcoin Slumps to $80K as U.S.-Listed Spot ETF Outflows Hit $3.7B in November
BTC
BTC/USDT
$77,867.47
-1.19%
$77,867.47
-1.19%
(24s)24h Volume
$24,640,222,422.80
24h H/L
$79,220.72 / $75,700.00
Change: $3,520.72 (4.65%)
Long/Short
75.7%
Long: 75.7%Short: 24.3%
Funding Rate
+0.0035%
Longs pay
Data provided by COINOTAG DATALive data
According to Forbes via COINOTAG News on November 26, the U.S.-listed Bitcoin spot ETF registered approximately $3.7 billion of net outflows in November, surpassing the prior monthly record of $3.6 billion set in February.
Bitcoin, the market’s reference asset, has retraced more than 35% from an October 12 peak of $126,000, carving a November 21 low near $80,000, the weakest level since April.
Across the sector, selling pressure intensified in October, with Ethereum-related ETFs also posting outflows of over $1.6 billion in November. Last week, the global crypto market cap slipped below $3 trillion for the first time since April.
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