Bitcoin Spot ETFs Record $175.3M Outflows for Fifth Consecutive Day
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Significant Outflow Trend: As of December 24th, Bitcoin spot ETFs experienced their fifth consecutive day of net outflows totaling $175.3 million, indicating a notable shift in institutional investor sentiment that could impact market stability.
- Major Fund Withdrawals: Leading the outflows, BlackRock's IBIT saw $91.4 million withdrawn, followed by Grayscale's GBTC at $24.6 million and Fidelity's FBTC at $17.2 million, suggesting a waning confidence among investors in Bitcoin spot ETFs.
- Market Impact Analysis: The sustained outflows may exert downward pressure on Bitcoin prices, particularly against the backdrop of reduced trading activity during the holiday season, as cautious sentiment among institutional investors could exacerbate market volatility.
- Future Monitoring Focus: Investors should watch whether the outflow pattern continues into the new year and how Bitcoin's price reacts to these fund flows to better gauge market dynamics.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






