traded in the USA spot Bitcoin 
$86,219.53 ETFThere was a net outflow of $3.48 billion from currencies in November, and with this outflow, ETFs had their weakest month since February. SoSoValue According to data, a total of more than $4.34 billion in assets was withdrawn from the funds during the four-week outflow series ending in the week of October 31. But the month closed with three consecutive days of entries before Thanksgiving.
Corporate Profit Taking Was Effective
BlackRock’s flagship IBIT ETFIt had the biggest loss in November with a net outflow of 2.34 billion dollars. On November 18, $523 million was withdrawn, the ETF’s highest single-day outflow since launch. LVRG Director Nick Ruck evaluated the move as year-end portfolio rebalancing and profit taking following the price of Bitcoin reaching record levels. According to Ruck, the outflows reflect corporate sensitivity to valuations, not a loss of confidence.
Total net inflows are still at $57.71 billion. The increase in open positions of Bitcoin futures reveals that institutions maintain their positive stance in the long term. Total asset value of ETFs reached $119.4 billion BitcoinIt represents 6.56 percent of ‘s market value.
Outlook on Ethereum and Altcoin ETFs is Mixed
Ethereum 
$2,830.62 There is a similar trend on the side. There was an outflow of $1.42 billion from spot Ethereum ETFs in November. This figure marks the largest monthly outflow ever. However, consecutive inflows were recorded in the last five days of the month, signaling a partial recovery.
newly released altcoin ETFs, on the other hand, painted a more balanced picture. solana And XRP ETFs reported net inflows on a weekly basis despite outflows. Cumulative inflows into XRP ETFs reached $666 million. Canary’s Litecoin 
$77.42 And Hedera Their ETFs also attracted inflows of $7 million and $36 million, respectively. In his assessment on the subject, Ruck said, “Altcoin ETFs are still volatile, institutional capital continues to be concentrated in Bitcoin and Ethereum. Regulatory clarity is essential for wider adoption.”
In other news, President of NovaDius Wealth Nate GeraciGrayscale’s first US spot next week Chainlink 
$12.13 He noted that he was going to launch his ETF. Thus, the range of cryptocurrency-based, especially altcoin-based, products will expand further.
