BlackRock’s IBIT sees biggest Bitcoin ETF outflows since June

Crypto Insight Summary: BlackRock’s Bitcoin ETF shed $405.3 million on Monday as US spot Bitcoin funds opened November with nearly $399 million in net outflows. Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Heavy IBIT outflows and broad fund redemptions signal weakening institutional demand, pressuring BTC.