According to Farside Investors, BlackRock's US spot Bitcoin ETF (IBIT) recorded a daily flow of 42.8 million USD on Nov 27, 2025, based on the Bitcoin ETF Daily Flow tracker; source: Farside Investors, farside.co.uk/btc. According to Farside Investors, the full dataset and disclaimers for US Bitcoin ETF flows are available at farside.co.uk/btc for verification; source: Farside Investors.

According to @FarsideUK, GBTC (Grayscale) posted a daily net flow of US$5.6 million on Nov 27, 2025. Source: twitter.com/FarsideUK/status/1993835551103836651 and farside.co.uk/btc Farside’s dashboard provides the consolidated daily flow dataset for US spot Bitcoin ETFs, enabling verification of this GBTC figure and comparison across issuers. Source: farside.co.uk/btc

According to @CryptoMichNL, the current phase signifies the end of the bear market for altcoins rather than the end of the broader bull market, based on a business-cycle framework where altcoin lows form during the least favorable macro periods, with prior cycle lows cited in Q2 2012, Q1–Q2 2016, and Q1 2020, source: @CryptoMichNL. According to @CryptoMichNL, spot Bitcoin ETF flows have altered market structure by creating a higher BTC floor above the previous all-time high—often around $100k—suggesting Bitcoin’s main upside leg is still ahead and that the next bull market could be larger and longer than the historical four-year cycle, source: @CryptoMichNL.

According to the source, Texas purchased around $5 million of a U.S. spot BTC ETF, indicating state-level movement toward holding Bitcoin via exchange-traded products, source: the source. According to the source, U.S. states are edging toward establishing the first government crypto reserves, source: the source.

According to @StockMKTNewz, the iShares Bitcoin Trust (IBIT) has recorded $2.2 billion in month-to-date outflows as of Nov 25, 2025, as reported by CNBC (source: @StockMKTNewz; CNBC). The figure confirms net redemptions from IBIT this month, reducing aggregate U.S. spot BTC ETF flows for November (source: @StockMKTNewz; CNBC).

According to @charliebilello, gold has outperformed Bitcoin by 19% since the inception of the first Bitcoin ETF in January 2024, with GLD and IBIT referenced as the comparative proxies, source: X post by @charliebilello on Nov 22, 2025; bilello.blog/newsletter. For traders, this marks a 19% relative-strength spread over that window, implying a positive GLD/BTC spread and a negative BTC/Gold spread on a simple price comparison, source: @charliebilello on X. Instrument context: GLD is SPDR Gold Shares and IBIT is the iShares Bitcoin Trust, sources: ssga.com; ishares.com.

According to CoinMarketCap, November 2025 is the weakest month this year for BTC and ETH ETF flows (source: CoinMarketCap post on X dated Nov 21, 2025). According to CoinMarketCap, the update indicates both Bitcoin and Ethereum ETF flows are lower than all prior months in 2025, marking a year-to-date low (source: CoinMarketCap post on X dated Nov 21, 2025). According to CoinMarketCap, the post shares a comparative view without disclosing specific flow totals, focusing on relative monthly weakness (source: CoinMarketCap post on X dated Nov 21, 2025).

According to @FarsideUK, VanEck’s US spot Bitcoin ETF recorded a daily net flow of minus US$30.6 million. Source: Farside Investors, farside.co.uk/btc; Farside Investors on X, Nov 21, 2025. @FarsideUK also states that 5% of profits from this product are directed to Bitcoin developers, with full data and disclaimers available on their tracker page. Source: Farside Investors, farside.co.uk/btc; Farside Investors on X, Nov 21, 2025.

According to @FarsideUK, VanEck’s US Bitcoin ETF posted a daily net outflow of 17.6 million US dollars on Nov 20, 2025, source: Farside Investors via X on Nov 20, 2025. Farside also reports that 5 percent of profits from this ETF are directed to Bitcoin developers, source: Farside Investors via X and the Farside BTC ETF flow dashboard at farside.co.uk/btc. Traders can review the full US Bitcoin ETF flow dataset and disclaimers for cross issuer comparisons on the Farside dashboard, source: Farside BTC ETF flow dashboard at farside.co.uk/btc.

According to @FarsideUK, Invesco’s US spot Bitcoin ETF recorded $0 million net flow on Nov 20, 2025, based on Farside Investors’ Bitcoin ETF daily flows dataset, source: Farside Investors. The figure is reported in US dollars and reflects no net primary market creations or redemptions for the day as defined by Farside’s net flow methodology, source: Farside Investors. Traders can review the full issuer-by-issuer flow table and disclaimers on the Farside Investors Bitcoin ETF flows page for broader market context, source: Farside Investors.

According to @FarsideUK, the Bitwise Bitcoin ETF recorded US$0 million in daily net flow in the latest update, as reported in Farside Investors' Bitcoin ETF Daily Flow post; source: Farside Investors (@FarsideUK), Nov 19, 2025.

According to the source, Harvard Management Company tripled its Bitcoin exposure via U.S. spot BTC ETFs while Emory University increased its BTC ETF positions, with the report based on recent institutional Form 13F disclosures (source: U.S. SEC EDGAR Form 13F). In U.S. spot Bitcoin ETFs, net inflows trigger primary creations that require custodial BTC purchases by issuers such as BlackRock iShares and Fidelity, linking 13F-reported positions to spot-demand metrics traders can track (source: iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund prospectuses). Traders should verify share counts and specific tickers held by Harvard and Emory on SEC EDGAR and monitor daily net creations for IBIT, FBTC, ARKB, BITB, HODL, BTCO, and BRRR on issuer sites to gauge incremental BTC demand (source: U.S. SEC EDGAR; issuer daily flow pages).

According to Kashif Raza on X on Nov 15, 2025, Harvard University has increased its Bitcoin ETF exposure, bringing total BTC ETF holdings to 443 million dollars after adding 320 million dollars in new BTC ETFs, a 237 percent rise in exposure (Source: Kashif Raza).

According to @AltcoinDaily, Harvard University bought approximately $320 million in Bitcoin ETFs, indicating a 237% increase in exposure; source: @AltcoinDaily post on X dated Nov 14, 2025. The post provides no corroborating documents, and such institutional positions are typically verified via U.S. SEC Form 13F filings or Harvard Management Company disclosures; sources: U.S. Securities and Exchange Commission Form 13F requirements and Harvard Management Company public reporting. For trading, treat this as unverified headline risk and monitor flows, volume, and spreads in IBIT, FBTC, and ARKB during the U.S. session; sources: BlackRock iShares Bitcoin Trust IBIT issuer data, Fidelity Wise Origin Bitcoin ETF FBTC issuer data, and ARK 21Shares Bitcoin ETF ARKB issuer data. Any confirmation would normally appear in the next 13F reporting window, generally due 45 days after quarter end; source: U.S. SEC Form 13F filing timetable.

According to @FarsideUK, Franklin’s Bitcoin ETF posted a daily net flow of US$0 million today. Source: https://twitter.com/FarsideUK/status/1988410256280457483 https://farside.co.uk/btc/ Per Farside Investors’ Bitcoin ETF flow definitions, a US$0 million reading indicates no net creations or redemptions for the day. Source: https://farside.co.uk/btc/ The update is dated Nov 12, 2025, and values are reported in US dollars. Source: https://twitter.com/FarsideUK/status/1988410256280457483

According to @FarsideUK, Grayscale’s Bitcoin ETF recorded $0 million net daily flow on Nov 10, 2025, showing no net creations or redemptions for the day (source: Farside Investors tweet; data: farside.co.uk/btc). According to @FarsideUK, this neutral reading indicates no ETF flow-driven buying or selling pressure from Grayscale on BTC today, and traders can consult the consolidated dataset on farside.co.uk/btc for broader U.S. Bitcoin ETF flow direction (source: Farside Investors; data: farside.co.uk/btc).

According to @simplykashif, the US Senate voted 60–40 to end the government shutdown, clearing the way for a reopening that serves as a near-term macro catalyst for risk assets (source: @simplykashif). According to @simplykashif, the US Treasury has $953B ready to deploy once the government reopens, implying a significant liquidity impulse that can support crypto market breadth and depth (source: @simplykashif). According to @simplykashif, if the Federal Reserve ends quantitative tightening in December as expected, the combined liquidity tailwinds would be double bullish for crypto assets including BTC (source: @simplykashif). According to @simplykashif, pending Bitcoin and altcoin ETFs can now move forward procedurally, and Congress will resume work on crypto regulation, both of which are supportive for market structure and flows (source: @simplykashif).

According to @adam3us, ETF buyers are good Bitcoin investors and represent the current cycle HODLers, implying a holder-dominated cohort among ETF participants in this phase (source: Adam Back on X, Nov 8, 2025). He characterizes ETF participation as long-term oriented rather than short-term trading during the current market cycle (source: Adam Back on X, Nov 8, 2025).

According to @52kskew, IBIT inflow and outflow patterns roughly mapped against BTC price show accumulation at the lows, indicating dip-buying by that cohort, source: @52kskew on X, Nov 8, 2025. According to @52kskew, this positioning implies potential selling into strength at higher levels, creating possible overhead supply as price rallies, source: @52kskew on X, Nov 8, 2025. According to @52kskew, traders should monitor IBIT flow prints versus BTC price action into mid next week, as timeline risk could trigger profit-taking and impact short-term trend momentum, source: @52kskew on X, Nov 8, 2025.

According to @FarsideUK, the U.S. VanEck Bitcoin ETF recorded $0 million net flow in the latest daily update. Source: Farside Investors (@FarsideUK) on X and the Farside BTC ETF flow dashboard at farside.co.uk/btc. They also state that 5% of profits from this VanEck product are allocated to Bitcoin developers. Source: Farside Investors (@FarsideUK) on X. For full dataset details and disclaimers, refer to farside.co.uk/btc. Source: Farside Investors (@FarsideUK) on X.