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Texas State Investment in Bitcoin Contrasts with Record ETF Outflows
11/25/2025, 19:06
AI SUMMARY
●• Texas becomes first U.S. state to invest in Bitcoin via $10M IBIT purchase
●• U.S. Bitcoin ETFs see $3.55B outflows in Nov, nearing monthly record
●• Metaplanet secures $130M loan to continue Bitcoin accumulation
The Texas Blockchain Council has announced that Texas has become the first U.S. state to purchase Bitcoin directly, executing a $10 million investment in BlackRock's IBIT ETF. This marks a significant milestone in state-level adoption of digital assets within the United States.
Conversely, the broader market for U.S. Bitcoin ETFs is witnessing substantial selling pressure, with net outflows reaching approximately $3.55 billion so far in November. This figure puts the month on track to record the largest monthly outflow in history, rivaling the previous record set in February.
In the corporate sector, Japanese firm Metaplanet continues its aggressive accumulation strategy, revealing a move to add to its $2.7 billion Bitcoin stash funded by a fresh $130 million loan. These conflicting signals between state/corporate buying and ETF outflows paint a complex picture of current institutional sentiment.