Bitcoin ETFs in five-day outflow streak lose over $825M as BTC stalls under $88k

On Dec. 24 spot bitcoin ETFs recorded $175 million in net outflows and ether spot ETFs $57 million as traders reduced risk and liquidity ahead of the Christmas holiday. BlackRock’s IBIT had the largest single-day bitcoin ETF exit at $91.37 million, followed by Grayscale’s GBTC with $24.62 million. Grayscale’s ETHE led ether selling with a $33.78 million outflow (cumulative net outflows $5.083 billion). Grayscale’s Ethereum Mini Trust saw a $3.33 million inflow and has $1.506 billion in cumulative inflows. The article notes holiday-thinned trading, defensive positioning, and that outflows can reflect rebalancing or tax moves rather than outright bearishness.
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The story reports concrete ETF flows: $175M net outflow for spot bitcoin ETFs and $57M for ether spot ETFs on Dec. 24, with IBIT exiting $91.37M and ETHE exiting $33.78M (ETHE cumulative outflows $5.083B). It also notes holiday-thinned trading and that outflows may reflect rebalancing or tax moves, which reduces certainty that flows equal outright bearish sentiment.