Bitcoin ETFs Update: Daily Net Outflows Hit $188.64M as IBIT Leads Losses

TLDR

• IBIT and FBTC combined for $172.64M in outflows, making up the bulk of the -$188.64M net daily outflow on Dec. 23.
• Total cumulative net inflows across all Bitcoin ETFs remained high at $57.08B, showing continued long-term investment interest.
• Grayscale’s GBTC ETF was the only fund with a negative cumulative inflow, standing at -$25.15B despite $14.55B in assets.
• Several mid-tier ETFs like ARKB, HODL, BTCW, and DEFI posted no inflows or outflows, reflecting a pause in investor movement.
• Total net assets across Bitcoin ETFs reached $114.29B, with $3.16B traded during the day, indicating active market participation.

According to a recent SoSoValue update as of December 23, the total daily net inflow across Bitcoin ETFs stood at -$188.64 million, reflecting capital outflows. Despite this, the cumulative net inflow remained strong at $57.08 billion, showing long-term investor interest. The total value traded on the day was $3.16 billion, while total net assets across the ETFs reached $114.29 billion.

IBIT and FBTC Bitcoin ETFs Post Combined $172M Outflow

Tracking the market performance of the individual Bitcoin ETFs, BlackRock’s IBIT ETF recorded the highest net outflow at $157.34 million, losing 1.79K BTC in a single day. However, IBIT still held the largest cumulative net inflow at $62.34 billion and led net assets with $67.90 billion. It maintained a 3.88% share of the Bitcoin ETF market with a market price of $49.65.

Fidelity’s FBTC ETF saw a daily net outflow of $15.30 million, equivalent to 174.27 BTC in losses. Its cumulative net inflow stood at $12.19 billion, with net assets valued at $17.77 billion. FBTC’s market share was 1.02% and traded at a price of $76.34.

Grayscale’s GBTC and BITB Record Outflows While Spot BTC ETF Holds Steady

Grayscale’s GBTC ETF recorded a $10.28 million net outflow and lost 117.06 BTC on the day. It remained the only ETF with a negative cumulative net inflow at -$25.15 billion. GBTC’s net assets totaled $14.55 billion with a market price of $68.50 and a 0.83% BTC share.

Grayscale’s spot BTC ETF registered no inflows or outflows, keeping its cumulative net inflow at $1.95 billion. It held $4.25 billion in net assets and traded at $38.79 per share with a 0.24% BTC share. The ETF had a daily value traded of $96.65 million.

Bitwise’s BITB ETF posted a net outflow of $5.72 million and lost 65.21 BTC on the day. It reported $2.13 billion in cumulative net inflows and $3.39 billion in net assets. The ETF’s share of the BTC market stood at 0.19% with a trading price of $47.61.

Mid-Tier Bitcoin ETFs Steady as Inflows Pause

Ark Invest’s ARKB ETF had no net inflows or outflows and kept its net assets at $3.30 billion. VanEck’s HODL ETF also had no inflows, holding steady at $1.10 billion in net assets. Invesco’s BTCO ETF posted a positive cumulative net inflow of $215.55 million and traded at $87.30.

Franklin’s EZBC ETF held $512.88 million in net assets and posted a daily trading volume of 273.17K shares. Valkyrie’s BRRR ETF followed with $506.42 million in net assets and 198.39K in daily share volume. WisdomTree’s BTCW ETF had $44.83 million in net assets, with no net inflows or outflows.

Hashdex’s DEFI ETF also posted no daily inflow or outflow and remained at -$1.45 million cumulative net inflow. Its net assets stood at $11.91 million with a market price of $99.28. Most Bitcoin ETFs experienced negative price changes, ranging between -0.67% and -0.88%, reflecting broad market pressure.

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