The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.
Updated Dec 25, 2025, 6:57 a.m. Published Dec 25, 2025, 6:57 a.m.
Spot bitcoin and ether ETFs saw another round of outflows on Dec. 24 as traders moved into the Christmas break with reduced liquidity and a weaker appetite for risk.
SoSoValue data showed bitcoin spot ETFs posted $175 million in net outflows on Wednesday, while ether spot ETFs showed $57 million in outflows.
The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.
Ethereum spot ETFs also lost ground. SoSoValue reported $52.7 million in net outflows on the day.
Grayscale’s ETHE led the selling pressure with a $33.78 million outflow, bringing its cumulative historical net outflows to $5.083 billion.
The only notable offset came from Grayscale’s Ethereum Mini Trust ETF ETH$2.963,73, which recorded a $3.33 million inflow and has now reached $1.506 billion in cumulative inflows.
The pattern fits what tends to happen around major holidays. Trading volumes drop sharply, desks run lighter, and positioning becomes more defensive.
In that environment, even modest orders can have an outsized effect on ETF flows, especially when market makers widen spreads and investors prefer to sit on cash rather than carry exposure through illiquid sessions.
Outflows also do not automatically mean investors are turning bearish. Some flows reflect routine rebalancing, tax management, or rolling exposure between products.
But the direction matters because these ETFs have become a visible proxy for institutional demand. When flows turn negative for several sessions, it reinforces the idea that crypto still behaves like a risk asset that struggles when liquidity tightens.
Sizin için daha fazlası
State of the Blockchain 2025
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
Bilinmesi gerekenler:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
Sizin için daha fazlası
Bitcoin’s $70,000 to $80,000 zone highlights gap in historical price support
Five years of CME futures data shows where bitcoin has, and has not, built meaningful price support.
Bilinmesi gerekenler:
- Bitcoin has spent relatively little time between $70,000 and $80,000, just 28 trading days, making that level among the least developed price ranges in terms of historical consolidation and support.
- This lack of time spent is reinforced by Glassnode’s UTXO Realized Price Distribution, which shows limited supply concentrated between $70,000 and $80,000, suggesting that if another pullback occurs, bitcoin may need to consolidate in this zone to establish stronger structural support.
