BTC, ETH News: Bitcoin and ether ETFs see $200 million outflows ahead of Christmas
Bitcoin and ether spot ETFs experienced significant net outflows totaling $200 million on December 24th before the Christmas holiday.Summary
Spot bitcoin and ether exchange-traded funds (ETFs) experienced substantial net outflows on December 24th as traders entered the Christmas break amid reduced liquidity and lower risk appetite. Bitcoin spot ETFs saw $175 million in net outflows, led by BlackRock's IBIT ($91.37 million) and Grayscale's GBTC ($24.62 million). Ethereum spot ETFs also suffered, reporting $52.7 million in net outflows, with Grayscale's ETHE accounting for $33.78 million of that. These holiday-period outflows are common, often reflecting lower trading volumes and defensive positioning, though they do not automatically signal a bearish shift. However, sustained negative flows reinforce the perception of crypto as a risk asset sensitive to tightening liquidity.
(Source：CoinDesk)