Spot Bitcoin and Ethereum ETFs See Massive Outflows: Over $576 Million Exits in Single Day

yesterday / 05:20 4 sources negative

The U.S. spot Bitcoin ETF market experienced a dramatic reversal on December 15th, with a significant net outflow of $351.7 million. This sharp shift followed a brief period of net inflows, highlighting the volatile nature of cryptocurrency investment through these regulated funds.

Fidelity's Wise Origin Bitcoin Fund (FBTC) led the exodus, accounting for $230 million of the total outflow. Other major funds also recorded notable outflows: Bitwise BITB ($44.32M), Ark Invest ARKB ($34.49M), Grayscale GBTC ($27.51M), and VanEck HODL ($21.25M). BlackRock's iShares Bitcoin Trust (IBIT) recorded zero net flows, while Valkyrie's Bitcoin Fund (BRRR) was the sole fund with a net inflow of $6 million.

Simultaneously, U.S. spot Ethereum ETFs recorded their third consecutive day of significant net outflows, with $224.94 million exiting on December 15th alone. This uniform movement affected all major issuers, with no single ETF attracting net inflows.

BlackRock's iShares Ethereum Trust (ETHA) experienced the largest single outflow at $139.26 million. Other significant outflows included Grayscale Ethereum Trust (ETHE) at $35.10M, Grayscale Ethereum Mini Trust ($20.18M), Bitwise Ethereum ETF (ETHW) ($13.01M), Fidelity Ethereum ETF (FETH) ($10.96M), and VanEck Ethereum ETF (ETHV) ($6.43M).

The combined outflow from both Bitcoin and Ethereum spot ETFs totaled over $576.6 million in a single day. This data serves as a crucial real-time gauge of institutional and retail investor appetite, with significant outflows potentially signaling profit-taking, risk aversion, or reactions to broader market news. The sustained nature of Ethereum ETF outflows—now marking three consecutive days—suggests a developing trend rather than a one-off correction.