spotlight in the USA Bitcoin 
$87,181.45 and Ethereum 
$2,927.19 ETFs saw net outflows on Tuesday amid year-end position adjustments and reduced liquidity ahead of the Christmas holiday. SoSoValue According to data, there was a net outflow of $ 188.6 million in spot Bitcoin ETFs, while the negative flow series moved to the fourth day in a row. There was a net outflow of $95.5 million from spot Ethereum ETFs on the same day. On the price front, Bitcoin was traded at $86,931, decreasing by 0.7 percent in the last 24 hours. Ethereum It is traded at $2,931, with a 1.18 percent decrease in the same period. Market commentators emphasize that outflows in ETFs are linked to the calendar effect rather than a change in belief.
Spot Bitcoin and Ethereum ETFs are on the Agenda with Year-End Releases
Spot Bitcoin ETFThe biggest source of Tuesday’s $188.6 million net outflow was $157.3 million from BlackRock’s IBIT fund. Fidelity’s FBTC, Grayscale’s GBTC and Bitwise’s BITB were among the products that exited on the same day. In weekly totals, spot Bitcoin ETFs recorded a net outflow of $497.1 million last week, a reversal of net inflows of $286.6 million in the week ending December 12.
Spot Ethereum ETFWhile a net outflow of 95.5 million dollars was observed on Tuesday, there was a significant change in direction with a net inflow of 84.6 million dollars the day before. Grayscale’s ETHE fund led the exits. The largest daily outflow among Ethereum ETFs was $50.9 million.
CIO of Kronos Research Vincent LiuHe said that outflows in BTC and ETH ETFs were related to year-end mechanics, not a break in investor sentiment. He emphasized low liquidity, portfolio balancing and profit taking. director of LVRG Research Nick Ruck Similarly, seasonal profit taking, tax loss realization and decreased liquidity during the holiday period christmas holiday He stated that he focused on risk reduction beforehand.
Stock Rally and Holiday Calendar Increased Focus on Post-Holiday Data
Despite outflows and price declines from cryptocurrency ETFs, a broad-based rise was observed in US stock markets on Tuesday. S&P 500 While it made a record close at 6,909.79 with an increase of 0.46 percent, Nasdaq Composite 0.57 percent and Dow Jones increased by 0.16 percent. On the macro front, the US Department of Commerce reported that the economy grew at an annualized rate of 4.3 percent in the third quarter, exceeding the 3.8 percent growth in the second quarter.
The holiday calendar also provides a decisive background on pricing and fund flow. US stock markets will close early today, remain closed for the Christmas holiday on December 25, and reopen on December 26. Presto Research research partner Rick MaedaHe stated that the outflows from BTC and ETH ETFs should not be interpreted exaggeratedly as we enter the Christmas holiday period, that fund flows have been fluctuating in recent months and that risk reduction through balance sheet adjustment is normal after a volatile fourth quarter.
Maeda also reminded that there was a net outflow of over $1.5 billion in spot Bitcoin ETFs in the four trading days before the Christmas holiday in 2024, and Bitcoin retreated from its fresh peak. He also reminded that the current decline is more limited compared to that period. Liu, on the other hand, stated that the real signal will come after the Christmas holiday and shared his suggestion to monitor the return of liquidity, price-driven flows and the US weekly unemployment benefit applications data on December 27.
