Bitcoin ETFs Can’t Catch a Break!

US spot Bitcoin ETFs extended their losing streak to four consecutive weeks, with $1.22 billion in net outflows last week.

Danielle du Toit
November 24, 2025

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US spot Bitcoin ETFs saw another heavy week of outflows during the steepest market correction of the cycle.

US spot Bitcoin ETFs extended their losing streak to four consecutive weeks, with $1.22 billion in net outflows last week.
BlackRock’s IBIT led the retreat, shedding $1.09 billion for its second-largest weekly outflow ever.
The outflows aligned with the sharpest crypto market correction of the cycle, as Bitcoin slid from $95,600 to about $82,200 before recovering.

VanEck CEO Jan van Eck warned that quantum computing may pose a long-term threat to Bitcoin’s encryption.

VanEck CEO Jan van Eck warned that advances in quantum computing could threaten Bitcoin’s encryption and privacy.
He said VanEck remains invested in Bitcoin for now but will abandon the asset if quantum risks fundamentally break its investment thesis.
VanEck is a major crypto asset manager, and operates multiple Bitcoin products, including a US spot ETF that has attracted over $1.2 billion in inflows since early 2024.

Bitcoin advocates are calling for a boycott of JP Morgan after an MSCI proposal to drop crypto-treasury companies from its indexes.

Bitcoin supporters launched backlash against JP Morgan after a research note revealed MSCI plans to exclude crypto-treasury companies from its indexes starting in 2026.
Influential voices including Grant Cardone and Max Keiser escalated boycott calls, with Cardone withdrawing $20 million from Chase and Keiser urging followers to “Crash JP Morgan and buy Strategy and BTC.”
The Bitcoin community sees the proposed exclusion as a targeted move that could trigger forced selling and destabilize firms holding large crypto reserves.

ETF analyst Eric Balchunas warns that growing attention on Zcash could fragment Bitcoin’s political support.

Bloomberg ETF analyst Eric Balchunas warned that the growing attention on Zcash could “split the vote” politically and culturally at a time when Bitcoin needs unified support.
This led to debate, but well known Bitcoin figures—including Timestamp CEO Arman Meguerian—dismissed the idea that Bitcoin maxis are shifting to Zcash.
Samson Mow said that Bitcoin supporters only pay attention to Zcash to “roll our eyes at it,” and downplayed any real divide.

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