Bitcoin and Ethereum ETFs record outflows for up to six consecutive days

Source: PortaldoBitcoin Original Title: Bitcoin and Ethereum ETFs experience outflows for up to six consecutive days in the week Original Link: Spot Bitcoin and Ethereum ETFs traded in the United States extended their net outflow streak amid the year-end period and reduced market liquidity.

This weekend, spot Bitcoin ETFs recorded net outflows of US$ 276 million, marking the sixth consecutive day of withdrawals, while spot Ethereum ETFs had net outflows of US$ 38.70 million, extending the negative trend to three days in a row.

The movement occurs in a typical year-end positioning context, with investors reducing risk exposure before the holidays. Among Bitcoin ETFs, products from the largest asset managers accounted for a significant portion of the outflows, reflecting portfolio adjustments after weeks of higher volatility in the crypto market.

Last week, spot Bitcoin ETFs already experienced significant net outflows, reversing the positive flow observed in early December. In the case of Ethereum, the change also draws attention: after substantial inflows on previous days, funds began recording withdrawals, notably from traditional asset managers leading the recent outflows.

According to Vincent Liu, CIO of Kronos Research, the outflows observed in ETH and BTC ETFs do not indicate a fundamental loss of confidence but rather seasonal factors. “Low liquidity, portfolio rebalancing, and profit-taking are common at this time of year,” he assessed during the week.

Nick Ruck, director of LVRG Research, also saw that profit-taking and lower liquidity during the holidays contributed to the movement, as investors reduced risks ahead of Christmas.

Meanwhile, Rick Maeda of Presto Research minimized the impact of recent outflows. He recalled that, in the period leading up to Christmas 2024, Bitcoin ETFs recorded more than US$ 1.5 billion in net outflows. “Compared to that episode, the current pullback seems relatively modest,” he stated.

In the market, Bitcoin traded slightly lower in the last 24 hours, while Ethereum also declined. In contrast, spot ETFs of XRP and Solana recorded net inflows during the period, indicating a temporary capital rotation within the crypto segment.