Bitcoin exchange-traded funds lost $782 million over the week

The fund with the largest capital outflow was IBIT from BlackRock — nearly $193 million was withdrawn from it. It was followed by Fidelity’s FBTC, which saw an outflow of $74 million. Grayscale’s GBTC fund recorded moderate losses, analysts noted.

The largest single-day outflow occurred on Friday, December 26, when $276 million was withdrawn from BTC ETFs. The leader in capital outflows was BlackRock’s IBIT fund, from which nearly $193 million was withdrawn. It was followed by Fidelity’s FBTC with an outflow of $74 million. Grayscale’s GBTC fund showed moderate losses.

By Friday, the total net asset value of spot Bitcoin exchange-traded funds traded on U.S. exchanges had fallen to approximately $113.5 billion, down from peak levels that exceeded $120 billion in early December. This occurred despite the fact that the Bitcoin price remained relatively stable, at around $87,000.

Last Friday marked the sixth consecutive day of net outflows from spot Bitcoin ETFs, extending the longest withdrawal streak since the beginning of autumn. From December 18 to December 28, total outflows from Bitcoin exchange-traded funds exceeded $1.1 billion.

Kronos Research Chief Investment Officer Vincent Liu stated that outflows from Bitcoin ETFs during Christmas are not unusual. Rather, they are more likely related to reduced market liquidity than to a sharp drop in demand for cryptocurrency ETFs. Liu expects capital inflows from large companies into Bitcoin ETFs to resume in early January, while easing of U.S. Federal Reserve (Fed) policy in 2026 will boost demand for cryptocurrency-linked ETF shares.

Recently, analysts at the Glassnode platform explained the outflows from crypto funds by noting that investors prefer to allocate capital to traditional instruments such as government bonds and precious metals.

See also: "One of Asia’s largest financial groups plans to acquire a Korean crypto exchange"

#Bitcoin (BTC) #ETF #Sell

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