Bitcoin News Today: Bitcoin ETFs Offload $2.96 Billion in November, Exceeding Mt. Gox Repayment Amounts
- Bitcoin ETFs sold $2.96B in November, exceeding Mt. Gox's $953M debt repayment transfers, signaling extreme bearish sentiment. - BlackRock's IBIT led outflows with $2.1B, including a $523M single-day withdrawal, as BTC prices fell 28% below $90,000. - Market analysts warn ETF redemptions could accelerate Bitcoin's decline, citing technical indicators like the "death cross" and weak institutional sentiment. - The sell-off contrasts Bitcoin's historical November rallies, driven by macroeconomic fears and A
In November, Bitcoin ETFs have offloaded more
At the same time, Mt. Gox, the defunct Japanese exchange, has transferred $953 million in Bitcoin after being inactive for eight months, sparking speculation about its plans to repay creditors. On March 25, 2025, the company moved 893
BlackRock’s recent moves have added to market anxiety. The firm shifted 4,880 BTC and 54,730 ETH—worth $642 million—to Coinbase Prime in late November, with analysts viewing these transfers as possible signals of impending sales. Unlike previous years when ETF inflows boosted Bitcoin’s price,
The ETF sell-off stands in stark contrast to Bitcoin’s usual November performance, which has historically seen an average gain of 41.22% for the month. Analysts
Experts caution that ongoing ETF withdrawals could further accelerate Bitcoin’s downward trend. “
As the market contends with these shifts, the interaction between ETF redemptions and Mt. Gox’s repayment plans underscores the vulnerability of Bitcoin’s ecosystem. With November emerging as one of the most turbulent months in recent memory, investors remain cautious, closely monitoring for any signs of stabilization or further decline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investors Steer Through Sector Fluctuations: Diverging Paths in Crypto, Industrial, Retail, and Biotech Markets
- Mutuum Finance (MUTM) advances through 2025 crypto roadmap phases, with Phase 6 exceeding 88% allocation, reflecting strong investor demand for projects with clear technical milestones. - FLSmidth CEO Mikko Keto departs in 2026 after streamlining operations and improving financial resilience, underscoring industrial sector emphasis on strategic continuity and efficiency. - Home Depot's November 18 earnings report gains attention amid Trump's $82M bond investment, highlighting retail sector stability amid

FDIC Approves HSBC's Use of Tokenized Deposits in the United States and UAE
- HSBC plans to launch tokenized deposits in the U.S. and UAE, leveraging the $24B tokenized real-world assets market growth. - FDIC's proposed guidelines under the GENIUS Act aim to standardize stablecoin regulations, offering legal parity for blockchain-based deposits. - Leadership transition with George Osborne potentially accelerating HSBC's digital strategy amid scrutiny over its high debt and market risk profile. - Proactive FDIC reforms, including year-end stablecoin issuance applications, could red

Adobe’s $1.9 Billion Acquisition of Semrush: A Bold Move Toward AI-Powered Marketing
- Adobe agrees to acquire Semrush for $1.9B, boosting its shares 75% pre-market. - The deal aims to enhance Adobe's AI-driven marketing capabilities, aligning with digital trends. - Analysts see the move as a strategic response to AI's impact on digital marketing and Adobe's valuation challenges.

Cybersecurity’s AI Battle: Doppel Takes the Lead Responding to a 300% Increase in Social Engineering Threats
- Doppel raised $70M in Series C funding at $600M+ valuation to combat AI-powered social engineering attacks, which have surged 300% annually. - The AI platform uses machine learning to detect anomalies like deepfake voice modulation and AI-generated phishing emails in real-time. - While Doppel expands partnerships, VeriSign and C3.ai face scrutiny over stock sales and declining revenues amid AI adoption risks. - Doppel CEO Alex Johnson warns that AI security tools risk becoming vulnerabilities themselves
