Overview
- CoinShares reported $952 million in weekly outflows from digital asset investment products, with roughly $990 million concentrated in the United States and total ETP assets under management at about $46.7 billion.
- Ethereum products led redemptions at approximately $555 million and Bitcoin saw about $460 million in outflows, while Solana and XRP drew selective inflows of around $48.5 million and $62.9 million.
- U.S. spot Bitcoin ETFs recorded $188.6 million in net outflows on Dec. 23 and spot Ether ETFs saw $95.5 million exit, extending a multi-day run of negative flows ahead of Christmas.
- Analysts tie the pullback to regulatory uncertainty from the stalled CLARITY Act, continued selling by large holders, and seasonal factors such as portfolio rebalancing, tax moves, and thin holiday liquidity.
- Despite the pause, year‑to‑date inflows remain elevated with about $27.2 billion into Bitcoin products and $12.7 billion into Ethereum, though CoinShares says 2025 totals are unlikely to surpass last year.