Christmas market falls flat! Bitcoin spot ETF declines for the fifth consecutive day, with a net outflow of $175 million on Christmas Eve.

2025-12-25 10:54:43

Bitcoin briefly rose above 90,000 at the beginning of the month but failed to sustain the rally. It is currently consolidating with slight fluctuations, showing a range-bound trend. The spot Bitcoin ETF market is feeling the chill, experiencing net outflows for the fifth consecutive trading day, indicating that institutional investors are choosing to exit cautiously before the year-end holiday.

BlackRock IBIT single-day net outflow reaches 91.37 million

According to data from SoSoValue, on December 24th (Eastern Time), the total net outflow from Bitcoin spot ETFs reached $175 million. This marks the fifth consecutive day of net outflows in this sector, with the accumulated selling pressure casting a shadow over the year-end market sentiment.

Among issuers, BlackRock’s IBIT experienced the highest single-day net outflow of $91.37 million, ranking first in outflows for the day; meanwhile, Grayscale’s GBTC, which has been in a prolonged state of outflows, also saw an outflow of $24.62 million that day.

Although recent capital momentum has weakened, the overall market size of Bitcoin spot ETFs remains substantial. As of now, the total net asset value of ETFs in the market is $113.8 billion, accounting for approximately 6.51% of Bitcoin’s total market cap. The cumulative net inflow historically remains at around $56.9 billion.

Santa Claus didn’t come: expectations dashed, turning to observation

The market initially hoped that by the end of 2025, Bitcoin could leverage the traditional US stock “Christmas rally” effect to break through consolidation and even reach new highs. However, before Christmas, investors seemed to opt for profit-taking. The market fear and greed index remains at a low of 28, indicating liquidity drying up and insufficient buying support.

As 2025 draws to a close, attention will shift to the new year, with a focus on whether institutional funds will re-enter after the holiday, injecting new strength into the sluggish trend.

This article “Christmas rally falls short! Bitcoin spot ETF five-day consecutive negative growth, $175 million net outflow on Christmas Eve” first appeared on Chain News ABMedia.

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