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 p
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 p
2 months ago
