Bitcoin ETFs Face Outflows for Fourth Consecutive Day

Bitcoin (BTC) spot exchange-traded funds (ETFs) suffered outflows of $338 million on December 26, marking the fourth straight day of withdrawals.

Over the past four days, BTC spot ETFs experienced over $1.5 billion in net outflows, including a record single-day sell-off of $672 million on Dec. 19 — the largest since their launch earlier this year — according to SoSoValue data. The outflows represent a sharp reversal after a month-long period of optimism, marked by 15 consecutive days of inflows.

These withdrawals come as BTC has dropped 11% from its all-time high of $108,268, reached earlier this month, according to CoinGecko data.

Broader economic uncertainty, including the Federal Reserve's recent hawkish stance on interest rates, has pressured risk assets like BTC, signaling a shift in investor confidence within the cryptocurrency market.

Experts noted that the Fed's decision to implement a 0.25% rate cut while maintaining a cautious outlook on further cuts in 2025 triggered a broad market sell-off, resulting in sharp corrections in both financial markets and institutional sentiment.

Bitcoin ETF Flows

On Dec. 24, Blackrock’s iShares Bitcoin Trust (IBIT) accounted for the largest outflows, totaling $189 million. Fidelity’s FBTC and ARK and 21Shares’ ARKB followed, with outflows of $83 million and $75 million, respectively. Notably, Bitwise Bitcoin ETF(BITB) was the only fund to attract inflows of $8.5 million.

ETH Records Inflows

In contrast, Ethereum (ETH) spot ETFs have experienced inflows over the past two days. On Dec. 24, ETH spot ETFs attracted approximately $54 million; on Dec. 23, they recorded $131 million in inflows.

BlackRock’s ETHA fund attracted the most inflows on Dec. 26, totaling around $44 million. Bitwise’s ETHW and Fidelity’s FETH followed with $6.19 million and $3.45 million, respectively.