Bitcoin ETF Outflows Reach $1.2B Amid Wall Street Crypto Be…
November 10, 2025Spot Bitcoin funds experienced outflows of over $1.2 billion last week, alongside $508 million from Ethereum products, while Solana ETFs saw $137 million in inflows, according to data from SoSoValue. The outflows occurred as Bitcoin rebounded 4.4% to $66,172 and Ethereum gained 7.2% to $3,617, partially recovering losses linked to recent macroeconomic uncertainties.
Market analysts suggest the outflow reflects institutions trimming positions after a period of substantial inflows since the start of 2024, rather than a complete rejection of Bitcoin. Liquidity indicators, such as the SOFR-EFFR spread, have tightened, indicating easing financial conditions. The dollar index has also stabilized, and borrowing from the Federal Reserve’s repo facility has fallen to zero.
Despite the outflows, Wall Street’s interest in crypto remains robust. BlackRock’s Bitcoin ETF continues to lead in inflows, while firms like Fidelity and VanEck are expanding their spot product offerings. However, most institutional participation occurs through ETFs rather than direct on-chain transactions.
According to Annabelle Huang of Altius Labs, many large crypto investors prefer ETFs due to concerns about the reliability of on-chain infrastructure. This limits the full realization of the market’s liquidity and transparency potential.
Market maker Enflux noted that the shift signifies the professionalization of the crypto market, moving away from speculative trading towards a more robust infrastructure and integration with mainstream finance.
“When the Fed injects, Bitcoin rallies; when yields twitch, it falls,” Enflux stated. “The dream of decoupling is gone for now, and what’s left of the market will either professionalize or disappear.”
The data suggests a period of recalibration within the Bitcoin market, even as institutional investment continues to grow.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
