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Bitcoin ETFs See Fifth Consecutive Day of Withdrawals
Bitcoin exchange-traded funds (ETFs) recorded another day of net redemptions on December 26, with $83.27 million pulled from funds, extending a five-day outflow streak that has weighed on spot-BTC sentiment. Asset managers and traders have been trimming positions as Bitcoin struggles to break and sustain levels above $88,000 and the psychological $90,000 threshold.
Who led the outflows?
Fidelity’s FBTC accounted for the lion’s share of the Dec. 26 withdrawals, reporting $74.38 million in net outflows — roughly 89% of that day’s total. Grayscale’s legacy GBTC fund showed $8.89 million in redemptions. According to the available figures, most other spot Bitcoin ETFs posted no net activity for the day, while BlackRock’s IBIT data had not been updated at the time of reporting.
Bitcoin ETF data
Five-day trend and AUM impact
The December 26 pullback brings the five-day redemption total to more than $750 million. Total assets under management across Bitcoin ETFs slipped to $113.83 billion, while cumulative net inflows since launch remain at approximately $56.82 billion. Trading volume across the ETF complex has also contracted sharply from the mid-December rally: total value traded fell from $5.93 billion on Dec. 17 to $1.57 billion by Dec. 24.
This liquidity drain has coincided with BTC falling over 1% in the past 24 hours and hovering beneath $88,000, a move market participants attribute to profit-taking and short-term position liquidation after failed attempts to sustain gains above $90,000.
Ethereum ETFs and wider crypto flows
Ethereum spot ETFs have mirrored Bitcoin’s weakness. On Dec. 24, Ethereum products reported $52.70 million in outflows, following a $95.53 million withdrawal day on Dec. 23. A temporary inflow on Dec. 22 of $84.59 million offered short-lived relief, but the net assets for Ethereum ETFs declined from $20.31 billion on Dec. 11 to $17.86 billion by Dec. 24, with cumulative inflows at roughly $12.38 billion.
What this means for investors
The current ETF redemption streak highlights growing short-term volatility across crypto spot funds. Investors monitoring spot Bitcoin and Ethereum ETFs should expect continued sensitivity to price action around major technical levels ($88K–$90K for BTC) and attendant changes in ETF flows. Large redemptions from dominant funds like FBTC and GBTC can meaningfully influence market liquidity and intraday price moves.
In the near term, watch ETF flows, AUM updates, and on-chain activity for clearer signals of whether this outflow phase will stabilize or persist into the new year.
Source: crypto
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