Spot Bitcoin ETFs in the U.S. saw $2.42 billion in inflows from Nov. 18–22, marking their fourth-largest weekly investment since their debut in January. This follows Bitcoin’s rally above $99,000 after Donald Trump’s 2024 presidential election victory, which fueled investor optimism and a 40% surge in Bitcoin’s monthly price.
At the same time, China-based ETFs experienced their largest-ever outflows, with over $2 billion withdrawn in a single week. The iShares China Large-Cap ETF (FXI) alone saw $984 million in withdrawals, marking the fifth consecutive week of negative outflows. Despite stimulus efforts, China’s economic concerns, including worsening consumer sentiment and fears of a potential depression, continue to drive investors toward Bitcoin as an alternative.
Source: Cointelegraph
