Overview
- SoSoValue data show $782 million in net redemptions from Dec. 22–26, including a $276 million single-day exit led by BlackRock’s IBIT (~$193 million) and Fidelity’s FBTC (~$74 million).
- Total assets for U.S. spot Bitcoin ETFs declined to roughly $113.5–$113.83 billion, down from peaks above $120 billion earlier in December.
- The selling ran for six consecutive sessions, with cumulative withdrawals across the streak exceeding $1.1 billion.
- Bitcoin’s price stayed relatively resilient in a tight $85,000–$92,000 range, briefly revisiting $90,000 despite the fund outflows.
- Analysts cite holiday positioning and thin liquidity for the week’s moves, while longer-term indicators show cooling institutional participation since November even as cumulative net inflows since 2024 remain near $56.9 billion.