Catenaa, Wednesday, November 05, 2025- BlackRock’s IBIT experienced its largest single-day outflow since early August, shedding $290.88 million as US spot Bitcoin ETFs faced a wave of redemptions totaling $388.43 million on October 30.
Analysts attribute the decline to short-term macroeconomic uncertainty and a closed arbitrage window rather than a structural shift in demand.
Other ETFs, including Ark & 21Shares’ ARKB and Bitwise’s BITB, reported outflows of $65.62 million and $55.15 million, respectively, bringing weekly net redemptions to $607 million.
Market observers point to heightened caution following former President Trump’s actions toward China and Federal Reserve Chair Jerome Powell’s remarks casting doubt on a December rate cut.
Options market data reinforced the bearish tilt, with the 7-day 25-delta skew dropping from -0.1 to -8 between October 26 and 30, signaling traders’ willingness to pay a premium for downside protection. The metric has slightly improved but remains negative.
Despite the short-term pullback, total ETF inflows for October remained positive at $3.61 billion, surpassing September’s $3.53 billion, indicating ongoing institutional interest. Analysts note that previous fourth-quarter trends, including $11.2 billion inflows in late 2024, suggest that similar growth could return if macro conditions stabilize.
Market sentiment shows resilience, with Ethereum forecast probabilities remaining high on platforms such as Myriad, and the fear and greed index reflecting moderate optimism despite recent volatility.
