2025-12-29 04:23:27

Recently, the performance of Bitcoin spot ETFs has been a bit concerning. According to the latest data, the fund outflows in December have already exceeded $1.1 billion, marking the largest single-month outflow since listing. Even more astonishing, over the past nine weeks, net outflows have approached $6 billion.

Continuous capital outflows will inevitably put pressure on prices—there's no doubt about that. But here’s a question worth pondering: Is this wave of selling pressure just a routine end-of-year rebalancing by institutions, or has market sentiment truly cooled down?

In the short term, BTC is indeed under some pressure, but from a long-term perspective, the fundamentals still support it. The key is to pay attention to the current market sentiment. Once January data comes out, we should be able to see some clues.

BTC2.03%

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ApeWithNoFear

· 4h ago

$6 billion outflow... The year-end sell-off show has begun, so cowardly. Institutions have already left, and we're still holding on? Something's not right. Waiting for January data? Can we even wait until January? Haha. This is the so-called "fundamental support," huh? I don't believe you.

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ContractTester

· 4h ago

6 billion net outflow? How many people are selling off their holdings? It feels like institutions are quietly retreating.

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FlatTax

· 4h ago

$6 billion run away is indeed quite fierce, but why does it feel like the article is ultimately making excuses for itself? --- The end-of-year rebalancing sounds like a safety net, if it’s really so justified, why bother looking at January data? --- $1.1 billion outflow in a single month, if this had happened before, I would have been worried, but now people are still talking about long-term logic, can’t help but laugh. --- Wait, wait, wait, why is it always "institutional rebalancing" during dips, and when it rebounds, they start hyping a bull market? Double standards are truly remarkable. --- No matter how good the long-term logic is, it can't withstand $6 billion being dumped in 9 weeks, that’s the market speaking. --- When the sentiment cools down, to put it plainly, it means no one is willing to take the risk, so don’t dress it up so nicely.

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StableBoi

· 4h ago

6 billion withdrawals... This wave is indeed a bit panic-inducing, but the annual institution harvesting of retail investors at the end of the year happens every year. Waiting for January data? I bet they've already bottomed out by now, haha. BTC has no long-term issues, it's just the short-term sentiment that depends on who gives in first. The harder the drop, the greater the opportunity, really.

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quietly_staking

· 4h ago

$6 billion has run away? Oh my, how pessimistic is that... If it's truly cashing out at the end of the year, we're really bearish. We have to wait until January to make a definitive conclusion.

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