Bitcoin ETFs saw more money leave the market on December 26, as investors continued to pull back while Bitcoin struggled to get back above $88,000.
According to the data, Bitcoin ETFs recorded $83.27 million in net outflows that day. This marked the fifth straight day of withdrawals, showing that confidence remains shaky.
Fidelity’s FBTC led the selling by a wide margin, with $74.38 million flowing out. Grayscale’s GBTC followed with $8.89 million in redemptions. Most other Bitcoin ETFs saw no activity at all, and BlackRock’s IBIT hadn’t updated its numbers at the time.
With these outflows, total assets held by Bitcoin ETFs dropped to $113.83 billion, while overall net inflows since launch stayed at $56.82 billion. Bitcoin itself slipped more than 1% over the past day and was trading below $88,000.
This selloff didn’t start overnight. It began on December 18, when ETFs saw $161 million in outflows right after a short-lived rally. The following days brought more selling:
- December 19: $158 million out
- December 22: $142 million out
- December 23: $188 million out
- December 24: $175 million out
By December 26, total ETF outflows over five days had crossed $750 million.
Trading activity also slowed down sharply. ETF trading volume fell to $1.57 billion on December 24, down from nearly $6 billion just a week earlier. The big reason is simple: Bitcoin hasn’t been able to stay above $90,000, and that has pushed investors to take profits or cut risk.
Ethereum ETFs are seeing the same pressure. On December 24, they recorded $52.7 million in outflows, following an even bigger $95.5 million exit the day before. Although there was a brief inflow on December 22, selling quickly returned.
Ethereum ETF assets now sit at $17.86 billion, down from earlier in the month, showing that caution has spread across the crypto ETF market.
In short, as long as Bitcoin struggles to hold key price levels, ETF investors are staying defensive—and the money continues to flow out.
