After the sharp exodus between November 17 and 21, 2025, when about US$ 1.216 billion exited Bitcoin ETFs tracked by Farside Investors, there was a recovery between November 24 and 28, with the week closing in positive territory at approximately US$ 372.2 million, bringing relief to the market. However, in the following week the sector once again posted a negative balance of US$ 87.7 million, highlighting the structural fragility of the crypto market.
In the period between November 17 and December 5, BlackRock, through the IBIT ETF, led these outflows, with withdrawals of around US$ 1.620 billion and inflows of US$ 348.7 million, resulting in a net negative balance of approximately US$ 1.270 billion — the largest withdrawal among the ETFs tracked by Farside during the analyzed interval.
BITCOIN ETF: DAILY CHANGE IN TOTAL BITCOIN HOLDINGS
Data from this indicator confirms the observed trend: despite occasional inflows, the daily net balance remained predominantly negative, underscoring the structural fragility of the crypto market.
SECTOR SENTIMENT
After Vanguard’s Entry Vanguard’s announcement that it would allow cryptocurrency ETFs on its platform starting December 2, 2025 marked a significant psychological shift, granting regulated access to millions of clients.
IMMEDIATE IMPACT
Bitcoin rose 6% after its debut, reaching US$ 94,000, while ETFs of BTC, SOL, and XRP recorded inflows of US$ 172.5 million.
CONCLUSION
Vanguard’s decision to open its platform to cryptocurrency ETFs injected strong optimism into the sector and suggests that conservative investors may begin allocating capital in a more stable manner. This move consolidates the definitive entry of cryptocurrencies into the institutional market.
Written by GugaOnChain
