Bitcoin ETFs See $175 Million Outflows on Christmas Eve
The post Bitcoin ETFs See $175 Million Outflows on Christmas Eve appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller. Key points: Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million. Tax obligations and the quarterly options expiry are blamed for the poor performance. Hope remains for a broad rebound after the holiday season. Analysis: Bitcoin institutional bid to return “soon” Data from UK-based investment company Farside Investors confirmed that on Christmas Eve, net outflows from the US spot Bitcoin exchange-traded funds (ETFs) totaled over $175 million. Bitcoin institutional capital saw no reason to wrap up for the holidays while Wall Street was still open this week. Farside shows that a lengthy spate of selling continued right up until the last pre-Christmas US trading session ended, with net outflows at $175.3 million. The tally is similar to that of the past five trading days, which each ended “in the red” for total net outflows of $825.7 million. Since Dec. 15, every trading day has been red except for Dec. 17, which managed to attract net inflows of $457.3 million. US spot Bitcoin ETF netflows (screenshot). Source: Farside Investors Commenting, market participants attributed the ETFs’ weak performance to seasonality. “Most of the selling is due to tax loss harvesting, which means it’ll be over in a week,” trader Alek wrote in a post on X. Alek further noted that Friday’s record options expiry event could be impacting risk appetite. “This is temporary and institutions will back to bidding soon,” he added. Coinbase Premium Index. Source: Alek/X An accompanying chart underscored a recent phenomenon: persistent BTC price downside during US trading sessions. The Coinbase Premium, which measures the difference in price between Coinbase’s BTC/USD and Binance’s BTC/USDT pairs, has spent much of December in negative territory. “US…
Filed under: News - @ December 25, 2025 11:14 pm