Overview
- U.S.-listed spot Bitcoin ETFs drew about $471 million on the first trading day of 2026, led by BlackRock’s IBIT with roughly $287 million and with no funds posting outflows, according to Farside.
- That rebound followed roughly $1.29 billion in net outflows from Dec. 15–31, a stretch in which IBIT accounted for about half the withdrawals as thin desks amplified flow impact, Farside data show.
- Across November and December, Bitcoin ETFs recorded a combined $4.57 billion in net redemptions and Bitcoin fell about 20% over the same period, per SoSoValue and market reporting.
- Ether spot ETFs also saw heavy withdrawals, with more than $2 billion redeemed over November–December, even as XRP products attracted over $1 billion and Solana funds took in more than $500 million.
- Some market participants framed the late-2025 outflows as year-end rebalancing rather than panic, while banks such as Standard Chartered highlight ETF subscriptions and redemptions as a central macro driver for Bitcoin.