Paragraph 1 (3 sentences)
Bitcoin and ether spot exchange-traded funds experienced notable outflows on Dec. 24 as traders pared risk ahead of the Christmas break. The largest single-day exit was from BlackRock’s IBIT, with $91.37 million withdrawn, followed by Grayscale’s GBTC at $24.62 million. Ethereum spot ETFs also declined, with SoSoValue reporting $52.7 million in net outflows for the day and Grayscale’s ETHE facing a $33.78 million withdrawal.
Paragraph 2 (2 sentences)
The only notable offset came from Grayscale’s Ethereum Mini Trust ETF ETH, which recorded a $3.33 million inflow and has now reached $1.506 billion in cumulative inflows. These flows align with typical holiday dynamics: liquidity thins, trading desks operate lighter, and investors take more defensive postures.
Paragraph 3 (2 sentences)
Yet outflows do not automatically signal a bearish stance, as some moves reflect routine rebalancing or tax-related repositioning. The direction matters for institutional demand, with negative flows underscoring crypto’s status as a risk asset in tight liquidity periods.
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