Bitcoin ETFs record $680m outflows as BTC dips below $96k

CoinMarketCap12-20 15:39

Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future ...

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Other notable outflows included:. Amidst the sell-off, WisdomTree’s BTCW stood as an outlier, attracting a modest $2.05 million in inflows. BlackRock’s IBIT and two other BTC ETFs reported no changes in flows for the day.Bitcoin’s  fall below $96,000—down 4.4% at $96,751 at the time of reporting—was largely attributed to the Federal Reserve’s latest interest rate decision.Read more","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4601":"加密货币现货ETF","BTC":"Grayscale Bitcoin Mini Trust","BRRR":"Valkyrie Bitcoin Fund","DEFI":"Hashdex Bitcoin ETF","GBTC":"Grayscale Bitcoin Trust","ETH":"Grayscale Ethereum Mini Trust","BTCO":"Invesco Galaxy Bitcoin ETF","BTCW":"WisdomTree Bitcoin Fund","BK4585":"ETF&股票定投概念","BK4594":"比特币ETF概念","EZBC":"Franklin Bitcoin ETF","QETH":"Invesco Galaxy Ethereum ETF","FETH":"Fidelity Ethereum Fund","HODL":"VanEck Bitcoin Trust ETF","EZET":"Franklin Ethereum Etf","BITB":"Bitwise Bitcoin ETF","IBIT":"iShares Bitcoin Trust","ETHV":"Vaneck Ethereum ETF","BK4588":"碎股","BITO":"ProShares Bitcoin ETF","CETH":"21Shares Core Ethereum ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund"},"translate_title":"随着BTC跌破9.6万美元，比特币ETF流出6.8亿美元","themeId":"f6737fe80a5375a15075a209c1c00036","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITO":1,"IBIT":1,"HODL":1,"GBTC":1,"FBTC":1,"EZBC":1,"ETH":1,"DEFI":1,"BTCW":1,"BTCO":1,"BTC":1,"BRRR":1,"BITB":1,"QETH":0.9,"FETH":0.9,"EZET":0.9,"ETHV":0.9,"CETH":0.9},"content_text":"Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future interest rate cuts.\nAccording to data from SoSoValue, the 12 spot Bitcoin ETFs logged outflows of $680 million on Thursday, breaking a 15-day streak of inflows that had brought over $6.7 billion into the funds.\nFidelity’s FBTC led the decline with $208.55 million exiting the fund, followed by Grayscale Bitcoin Mini Trust and ARK 21Shares’ ARKB, which recorded outflows of $188.6 million and $108.35 million, respectively. Other notable outflows included:\n\nGrayscale’s GBTC: $87.86 million\nBitwise BITB: $43.61 million\nInvesco Galaxy’s BTCO: $25.97 million\nVanEck’s HODL: $10.91 million\nValkyrie’s BRRR: $8.19 million\n\nAmidst the sell-off, WisdomTree’s BTCW stood as an outlier, attracting a modest $2.05 million in inflows. BlackRock’s IBIT and two other BTC ETFs reported no changes in flows for the day.\nDespite the outflows, trading activity in Bitcoin ETFs surged, with total trading volume reaching $6.31 billion, a notable increase from the previous day’s $5.86 billion.\nBitcoin’s (BTC) fall below $96,000—down 4.4% at $96,751 at the time of reporting—was largely attributed to the Federal Reserve’s latest interest rate decision.\nWhile the Fed implemented a widely anticipated 0.25% rate cut, bringing this year’s cumulative cuts to 1%, officials signaled a cautious approach moving forward. Only two additional rate cuts are planned for 2025, with inflation projected to meet the 2% target by 2026 or 2027. This hawkish tone dampened investor sentiment, leading to a 4.5% drop in the broader cryptocurrency market, which stood at $3.51 trillion.\nYou might also like:  Congress discussing bill to allow Fed to hold Bitcoin: Lummis \nEthereum ETFs Follow Suit with Declining Momentum\nSpot Ethereum ETFs also faced a challenging day, logging outflows of $60.47 million and breaking an 18-day streak of inflows.\nGrayscale’s ETHE accounted for the majority, with $58.13 million exiting the fund. Bitwise’s ETHW, Grayscale Ethereum Mini Trust, and Invesco’s QETH also saw outflows of $6.78 million, $3.18 million, and $2.36 million, respectively.\nIn contrast, Fidelity’s FETH and VanEck’s ETHV managed to attract inflows of $5.05 million and $4.94 million, partially offsetting the broader trend.\nDespite the daily outflows, cumulative net inflows for Ethereum ETFs remained positive at $2.4 billion. Ethereum’s (ETH) price reflected the bearish sentiment, dropping 8.1% over the past day to $3,378 per coin.\nRead more:  ETH staking ETFs have potential to surpass Bitcoin ETF: Bitcoin Suisse","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492985764"}