As the Market Experiences Liquidity Shortages, Outflows Are Also Occurring from Bitcoin and Ethereum ETFs! Here Are the Latest Data

According to SoSoValue data, outflows continue from US-based cryptocurrency spot ETFs. Data released on December 25th showed a total net outflow of $175 million from Bitcoin spot ETFs.

Thus, the market recorded net outflows for the fifth consecutive trading day. The largest outflow of the day was seen in BlackRock’s IBIT fund, with $91.37 million, while Grayscale’s GBTC fund experienced a net outflow of $24.62 million.

Currently, the total assets of all Bitcoin spot ETFs in the market have reached approximately $113.8 billion. This amount corresponds to 6.51% of Bitcoin’s total market capitalization. The cumulative net inflow recorded by the funds to date is at $56.9 billion. However, recent outflows indicate that investors are adopting a more cautious approach in the short term.

A similar trend is observed in Ethereum spot ETFs. According to SoSoValue data, a total net outflow of $52.7 million was recorded from Ethereum spot ETFs on December 24th. The highest outflow of the day was recorded in Grayscale’s ETHE fund, at $33.78 million. In contrast, only Grayscale’s mini Ethereum ETF, ETH, stood out with a positive inflow of $3.33 million.

Currently, Ethereum spot ETFs have a total net asset value of $17.86 billion. This represents approximately 5.03% of Ethereum’s total market capitalization. The funds’ cumulative net inflow to date is estimated at $12.38 billion.

Experts say that increased volatility, profit-taking, and macroeconomic uncertainties as the year draws to a close have triggered outflows from ETFs. Market players are closely watching whether ETF flows will regain strength in the coming period, depending on the direction of US interest rate policies and institutional interest in the crypto market.