Spot bitcoin, ether ETFs see outflows amid Christmas holiday derisking

U.S. spot bitcoin ETFs reported $188.6 million in net outflows on Tuesday, marking four consecutive days of negative flows, with BlackRock's IBIT seeing the largest exit at $157.3 million. Spot Ethereum ETFs also saw $95.5 million in net outflows, led by Grayscale's ETHE. Analysts attribute these outflows to year-end mechanics, including portfolio rebalancing, profit-taking, and thin holiday liquidity as investors de-risk before Christmas, rather than a fundamental shift in conviction. One expert noted that these outflows are modest compared to a similar period in 2024. In contrast to the crypto ETF trends, U.S. equities rallied, with the S&P 500 closing at a record high. Markets are expected to watch post-holiday economic indicators, such as jobless claims on December 27th, for signals on early 2026 performance.

(Source：The Block)