Bitcoin ETFs have experienced a significant outflow of nearly $1.2 billion over the past week, coinciding with a 33% drop in Bitcoin's price from its peak in early October. U.S. spot ETFs, which usually attract inflows, have been hit hard, with BlackRock’s IBIT ETF alone losing over $1 billion. November's total withdrawals are approaching $3.8 billion, nearing the worst monthly record. In contrast, altcoin ETFs are gaining traction. Canary Capital’s XRP ETF and Bitwise’s Solana Staking ETF have seen strong inflows, indicating a shift in investor interest towards alternative cryptocurrencies.