Spot Bitcoin ETFs experienced heavy outflows over Christmas week, with investors pulling $782 million, including a single-day withdrawal of $276 million on Friday. Total net assets fell to $113.5 billion, down from over $120 billion in December. The sixth consecutive day of outflows marked the longest withdrawal streak since early autumn.

Vincent Liu, CIO at Kronos Research, explained that holiday outflows are common due to “holiday positioning” and thinner liquidity, expecting institutional flows to return in early January. He anticipates improved conditions as institutions return and a potential shift towards Federal Reserve easing in 2026, supporting ETF demand.

Bitcoin and Ether ETFs have entered a phase of sustained outflows, signaling a cooling institutional demand for crypto exposure. The 30-day moving average of net flows into US spot Bitcoin and Ether ETFs has remained negative since early November, indicating a shift away from crypto among large allocators.

Read more at Cointelegraph: Bitcoin ETFs Shed $782M Over Christmas Week as Outflows Extend