Spot Bitcoin ETFs see $400M outflow amid price dip, marking third-largest withdrawal

Spot Bitcoin ETFs experienced their third-largest outflow ever, with $400.7 million withdrawn on Nov. 14, according to CoinDesk. Bitcoin's price, correcting 6% from its Nov. 13 peak of $93,000, fluctuated between $86,600 and $92,000 during the day. Historically, similar outflows have marked price bottoms, such as in May and early November. Meanwhile, spot ETH ETFs also saw $3.2 million in outflows, their first decline in two weeks.