Bitcoin ETF “record outflows” are deceptive as crypto products absorbed $46.7 billion in 2025
The post Bitcoin ETF “record outflows” are deceptive as crypto products absorbed $46.7 billion in 2025 appeared on BitcoinEthereumNews.com.
Bitcoin ETF headlines have turned into a scoreboard with “record inflows,” “largest outflows ever,” and “institutions dumping.” The problem is that most stories isolate a single day or a single fund. Without context on cumulative flows, fund cohorts, and custody plumbing, they say very little about how much spot Bitcoin is actually changing hands, or what institutions are really doing. Take the latest wobble. U.S.-traded spot Bitcoin ETFs saw about $175 million in net outflows on Dec. 24, capping five straight negative sessions. It looks grim, but zooming out shows that the complex still holds roughly $113.8 billion in assets and has cumulative net inflows of nearly $56.9 billion since January 2024. A red headline about “investors heading for the exits” describes a move of around 0.1% of outstanding ETF assets. Data from Farside Investors shows that, as of late December, BlackRock’s IBIT alone had taken in more than $62 billion since launch, with the US spot ETF cohort collectively offsetting roughly $25 billion in GBTC outflows. That means a cluster of record daily redemptions has so far dented, but not reversed, a structurally positive flow picture. The same “zoom out” rule applies globally. CoinShares reported that crypto ETFs and ETPs worldwide took in a record $5.95 billion in a single week in early October, with Bitcoin products alone accounting for $3.55 billion. Monthly reviews show October’s net crypto ETP inflows reached $7.6 billion. A trader who only saw a negative flow headline in November, when digital asset products logged a $1.94 billion weekly outflow, would miss that it came after a long run-up and represented under 3% of total ETP assets. It also matters which funds the flows are in. When IBIT suffered a record daily outflow in November, other US spot funds had already seen hundreds of millions…
Filed under: News - @ December 27, 2025 10:27 am