ChainCatcher reports that data shows during the Christmas week, U.S.-listed spot Bitcoin ETFs experienced significant capital outflows, with a cumulative net outflow of approximately $782 million. Among them, the single-day net outflow on Friday reached $276 million, marking the peak outflow during the holiday period.
Specifically, BlackRock’s IBIT saw a single-day outflow of nearly $193 million, Fidelity’s FBTC had an outflow of about $74 million, while Grayscale’s GBTC continued with small but persistent redemptions. As a result, the total assets under management for spot Bitcoin ETFs dropped to around $113.5 billion, down from over $120 billion earlier in December.
It is noteworthy that despite the capital outflows, Bitcoin’s price remained near $87,000, indicating that this withdrawal is more likely due to year-end asset rebalancing and reduced holiday liquidity rather than market panic.
Analysis points out that this marks the sixth consecutive trading day of net outflows for spot Bitcoin ETFs, with cumulative outflows exceeding $1.1 billion, representing the longest outflow cycle since this autumn. However, institutional sources believe that holiday outflows are not uncommon, and as trading resumes in January, institutional funds may flow back in, making ETF fund trends more meaningful for reference at that time.
