**Bitcoin ETF Outflows Surge Amid Market Shift**

On November 25, U.S.-based spot Bitcoin ETFs experienced a massive net outflow of $438.37 million, the largest since the 2020 U.S. election. This comes after a record-breaking $1 billion inflow on November 21, signaling a change in market sentiment. Despite this, net inflows for the year remain strong at $30.4 billion, driven by institutional interest.

The recent outflow coincides with a BTC price drop to $92,000, down from a high of $99,655. The total assets under management for these ETFs have decreased to $102.23 billion, reflecting a $5 billion drop. Nonetheless, institutional players still hold a significant stake in the crypto market.