Source: PortaldoBitcoin Original Title: Bitcoin and Ethereum Spot ETFs Record Outflows for Up to Six Consecutive Days in the Week Original Link:

Bitcoin and Ethereum Spot ETFs Experience Six-Day Consecutive Net Outflows

Against the backdrop of declining liquidity at year-end, Bitcoin and Ethereum spot ETFs traded in the US have extended their consecutive net outflow records.

This weekend, the Bitcoin spot ETF recorded a net outflow of $2.76 million, marking the sixth consecutive day of withdrawals, while the Ethereum spot ETF saw a net outflow of $38.7 million, continuing a negative trend for a third day. These figures are based on records updated last Friday (26th).

This trend occurs amid typical year-end position adjustments, as investors reduce risk exposure before the holidays. In Bitcoin ETFs, products from major asset management firms experienced significant outflows, reflecting portfolio adjustments after several weeks of market volatility.

Last week, Bitcoin spot ETFs already recorded substantial net outflows, reversing the positive inflows observed in early December. For Ethereum, this shift is also notable: after recording inflows in the previous days, funds began to record withdrawals, with Grayscale’s ETHE leading recent outflows.

According to Vincent Liu, Chief Investment Officer at Kronos Research, the outflows observed in ETH and BTC ETFs do not indicate a loss of structural confidence but are rather seasonal. “Low liquidity, portfolio rebalancing, and profit-taking are common during this period,” he noted in his weekly assessment.

Nick Ruck, Director at LVRG Research, also believes that profit-taking and lower liquidity during the holiday season contributed to this trend, as investors reduced risk before Christmas.

Rick Maeda of Presto Research downplayed the impact of recent outflows. He pointed out that before Christmas 2024, Bitcoin ETFs experienced net outflows exceeding $1.5 billion. “Compared to that event, the current decline appears relatively mild,” he said.

In the market, Bitcoin has slightly declined over the past 24 hours, and Ethereum is also pulling back. In contrast, spot ETFs for XRP and Solana recorded inflows during this period, indicating a phase rotation of capital within the crypto space.