Major Bitcoin ETF Sees Over $500M in Outflows; Analysts Suggest Funds are Moving to Gold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2025
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Source: aastocks
BlackRock's Bitcoin ETF Outflow: BlackRock's iShares Bitcoin Trust experienced a significant outflow of approximately USD523 million, the largest single-day redemption since its launch in January 2024.
Bitcoin Price Decline: Bitcoin's value fell below USD87,000, reaching a seven-month low, indicating a broader weakness in the cryptocurrency market.
Jobless Claims Data: The latest report shows Continuing Jobless Claims in the United States at 1,974,000 for November 8, with no previous or forecast values available for context.
Shift to Gold: Analysts suggest that some investors may be reallocating their assets from Bitcoin to gold, as gold prices demonstrate resilience and raise doubts about Bitcoin's effectiveness as a hedge asset.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
