Spot Bitcoin ETFs recorded significant outflows during Christmas week, with investors withdrawing a combined $782 million, according to SoSoValue data.
The heaviest selling occurred on Friday, when $276 million exited the products. BlackRock’s IBIT led the decline with nearly $193 million in outflows, followed by Fidelity’s FBTC at $74 million. Grayscale’s GBTC also continued to see modest redemptions, reflecting holiday-driven positioning and short-term risk adjustment.
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