Spot Bitcoin $101,762.8 and Ethereum 
$3,677.8 ETFThere was remarkable activity on December 19th. There was a total outflow of $680 million from spot Bitcoin ETFs in one day. This was recorded as the highest single-day output in history. There was also a net outflow of $60.4677 million from spot Ethereum ETFs on the same date. This was the first outflow following an 18-day period of uninterrupted net inflows.
Record Outflow in Spot Bitcoin ETFs
Spot Bitcoin December 19 was an important turning point for ETFs. The net outflow of $680 million indicates widespread activity among investors. Previously, there were outflows of $563 million on May 1 and $541 million on November 4. However, this time’s output surpassed previous records by far.
Analysts evaluate that this movement occurred due to the impact of global economic uncertainties and market fluctuations. Moreover, this development spot Bitcoin ETFIt came after a 15-day uninterrupted entry period in .
Entry Period Ends for Ethereum ETFs
Spot Ethereum ETFThere was also a remarkable transformation in ‘s. The net outflow of $60.4677 million shows that investors are making strategic changes. This development ended the 18-day continuous entry period.
Ethereum‘s recent stable performance has begun to be questioned with this release. Experts state that this situation may be due to volatility in the Ethereum market. Additionally, investors’ year-end balance sheet adjustments may have triggered this movement.
Overall outflows in spot Bitcoin and Ethereum ETFs cryptocurrency marketIt once again reveals the investor behavior in . The developments clearly reveal the variable nature of trends in the sector and the impact of global markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
