Fidelity, Ark Lead $278 Million Bitcoin ETF Outflows on Nov. 12

Bitcoin spot ETFs saw net outflows of $278 million on November 12, with the price unable to surpass $105K.
Fidelity's FBTC led the withdrawals with $133 million, followed by Ark Invest and 21Shares' ARKB at $85.2 million.
Despite these outflows, cumulative inflows remain strong at $60.2 billion, with Bitcoin spot ETFs holding $135.8 billion in assets, about 6.67% of Bitcoin's market cap.
Binance's Bitcoin spot trading volume has exceeded $1.53 trillion in 2025, with Q3 alone reaching $387.5 billion, higher than the previous quarter.
October's Binance activity was $198.6 billion, suggesting a shift from institutional vehicles to direct holdings.
Bitcoin is currently tracking broader market sentiment amid US fiscal negotiations, stabilizing around $103K as the Senate extends funding to January 30, 2026.
Analyst Ali Martinez points to a potential head-and-shoulders pattern, warning of a possible decline if Bitcoin doesn't break above $112,000.