Crypto ETF Flows — November 2025
November 2025 experienced net outflows of -$3.8B, with total inflows of $1.9B and outflows of $5.7B. The month reflected a risk-off sentiment among investors.
TL;DR
- Monthly net flow: net outflows of $3.8B (net -$3.8B).
- Total inflows: $1.9B. Total outflows: $5.7B.
- Strongest single day: 2025-11-11 ($424.9M).
- Weakest single day: 2025-11-13 (-$1.1B).
Monthly Overview
November 2025 covered 30 trading days, during which the crypto ETF market leaned risk-off as investors withdrew capital. The overall sentiment was reflected in the substantial net outflows, a trend visible across various funds. For more detailed insights, check our crypto ETF dashboard.
Weekly Breakdown
- Week 1 (Nov 1-7): The week started with no significant flows but ended with net outflows totaling approximately -$252.1M.
- Week 2 (Nov 8-14): Marked by significant volatility, the week saw the strongest day on 2025-11-11 with inflows of $424.9M, but ultimately ended with negative flows totaling -$1.5B.
- Week 3 (Nov 15-21): This week continued the trend with net outflows of around -$1.1B, despite some inflows on select days.
- Week 4 (Nov 22-30): The final week ended with an additional -$1.0B in outflows, reflecting ongoing risk aversion among investors.
Top Funds of the Month
| Fund | Net Flow | Direction |
|---|---|---|
| BlackRock (BTC) | -$2.3B | outflows |
| BlackRock (ETH) | -$1.0B | outflows |
| Fidelity (BTC) | -$412.7M | outflows |
| Canary (XRP) | $343.7M | inflows |
| Grayscale (BTC) | -$333.1M | outflows |
The top funds this month illustrated a clear trend of capital flowing away from major players like BlackRock and Fidelity, with only Canary (XRP) managing to show positive inflows. This indicates a significant repositioning among institutional investors.
Market Interpretation
The monthly flows suggest that institutional positioning remained cautious, with investors favoring cash over riskier assets. The notable outflows from the Bitcoin ETF and Ethereum ETF indicate a shift in sentiment, reflecting broader market conditions. As capital rotates, it is evident that some investors are looking to mitigate risk amid volatility in the crypto market.
Conclusion
In summary, November 2025 witnessed net outflows of -$3.8B, revealing a clear risk-off sentiment among investors. As we move forward, it will be crucial to monitor these trends and their implications for the broader market. For the latest updates on ETF flows, visit All ETF funds.