U.S. Spot ETFs Face Historic Outflows Amid Market Decline
- U.S.-listed spot Bitcoin ETFs experienced a net outflow of $1.09 billion in December, following $3.48 billion in November.
- The total outflow of $4.57 billion over two months is the highest since their launch in January.
- During this period, Bitcoin’s price fell by approximately 20%, indicating a decline in institutional interest.
- Ether ETFs also saw over $2 billion withdrawn across November and December.
- In contrast, XRP ETFs gained more than $1 billion in inflows during the same timeframe.
The significant outflows from both Bitcoin and Ether ETFs reflect a challenging market environment for these assets, while XRP and Solana’s SOL ETFs showed resilience with substantial inflows.
Overall, the combined ETF redemptions highlight a shift in investor sentiment, with a record total of $4.57 billion withdrawn from Bitcoin and Ether funds in just two months.
