On November 20th, the cryptocurrency ETF market continued to experience a wave of significant withdrawals. Spot Bitcoin ETF funds recorded a total outflow of up to 903 million USD, the second-highest in history, indicating a cautious sentiment among investors amid increasing volatility of BTC.
Not only Bitcoin, but spot Ethereum ETFs also faced prolonged selling pressure, with 262 million USD withdrawn – marking the eighth consecutive session of net outflows. Conversely, Solana became a rare bright spot as SOL spot ETFs attracted 23.66 million USD in inflows, demonstrating steady demand and growing interest in the Solana ecosystem despite the overall market being less positive.
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