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Spot Bitcoin (CRYPTO: $BTC ) exchange-traded funds (ETFs) that trade in the U.S. have seen their second largest outflow on record.

Eleven U.S.-listed spot Bitcoin ETFs collectively lost $869.86 million U.S. on Nov. 13, registering their second-highest outflow on record, according to market data.

Investors have now pulled $2.64 billion U.S. from Bitcoin ETFs over the past three weeks, signaling growing caution and accelerating capital outflows.

The ETF outflow on Nov. 13 coincided with Bitcoin's price falling below the key support level of $100,000 U.S.

BTC was most recently trading just below $95,000 U.S. as a rout in cryptocurrencies deepens.

Other cryptocurrencies are also sliding lower, with Ethereum (CRYPTO: $ETH ) falling 5% in the last 24 hours and now trading near $3,000 U.S. per digital token.

Ethereum ETFs registered an outflow of $259.72 million U.S. on Nov. 13, the highest level in more than a month.

Bitcoin is now up only 2% on the year, with some analysts warning that the price could fall as low as $85,000 U.S. before bottoming in the current selloff.

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