Bitcoin ETFs See $77M Outflow: Ethereum Funds Also Turn Red

Bitcoin ETFs slipped into the negative zone on December 11, 2025, recording $77.34 million in net outflows. The losses ended a two-day positive streak that brought $375.26 million in combined inflows.

Cumulative Bitcoin ETF flows stood at $57.85 billion as of December 11. Total net assets across all funds reached $119.93 billion. Trading volume hit $3.80 billion for the day.

BlackRock IBIT Posts Inflows While Bitcoin ETFs Turn Negative

BlackRock’s IBIT recorded $76.71 million in net inflows on December 11. The fund traded at a 0.52% premium to its net asset value.

IBIT’s positive performance could not offset selling pressure across other Bitcoin ETF products. The fund maintains cumulative inflows of $62.68 billion.

Total net assets for IBIT stood at $72.23 billion as of December 11. The fund continues to hold more than triple the assets of its nearest competitor, Fidelity’s FBTC.

The $76.71 million inflow shows IBIT’s return to positive flows after December 9’s rare $135.44 million outflow. The fund has consistently attracted the majority of Bitcoin ETF inflows throughout 2025.

Fidelity FBTC Leads Bitcoin ETF Outflows

Fidelity’s FBTC experienced the largest single-fund outflow at $103.55 million on December 11. The fund shed 1,130 BTC during the trading session, trading at a 0.41% premium.

FBTC’s cumulative inflows declined to $12.18 billion. Total net assets for the fund reached $18.93 billion.

The sharp reversal came after FBTC posted $198.85 million in inflows on December 9. Thats the strongest single-day performance among all Bitcoin ETFs.

The fund’s December 11 outflow was exceptionally large. It exceeded the combined negative flows from all other funds that saw redemptions.

Grayscale Funds Post Combined $23.18M Bitcoin ETF Outflows

Grayscale’s two Bitcoin ETF products recorded combined outflows of $23.18 million on December 11. The legacy GBTC fund lost $12.21 million, shedding 133.60 BTC.

GBTC traded at a -0.02% discount to net asset value. The fund’s cumulative flows remain deeply negative at -$25.09 billion.

Grayscale’s smaller BTC fund experienced $10.97 million in outflows, losing 120.08 BTC. The fund traded at a 0.04% premium with cumulative inflows of $1.98 billion.

The negative flows from both Grayscale products reversed the recent positive inflow. The combined redemptions contributed substantially to the overall Bitcoin ETF outflows on December 11.

Smaller Bitcoin ETF Products Show Mixed Results

Bitwise BITB bucked the negative trend with $8.44 million in inflows. The fund traded at a 0.48% premium with cumulative flows of $2.29 billion.

Ark 21Shares ARKB recorded $16.38 million in outflows. The fund traded at a 0.44% premium with cumulative inflows of $1.74 billion.

VanEck HODL experienced $19.38 million in outflows, losing 212.08 BTC. The fund traded at a 0.44% premium with cumulative inflows of $1.17 billion.

Invesco BTCO, Franklin EZBC, Valkyrie BRRR, WisdomTree BTCW, and Hashdex DEFI all reported zero net flows on December 11. The zero-flow days have become standard for the smallest Bitcoin ETF products.

Ethereum ETFs Record $42.37M Outflows

Ethereum ETFs turned negative with $42.37 million in outflows on December 11. The losses ended a three-day positive streak that brought $270.71 million in combined inflows.

Cumulative Ethereum ETF flows stood at $13.11 billion. Total net assets reached $20.31 billion, down from $21.43 billion the previous day. Trading volume hit $1.47 billion.

Grayscale ETHE led Ethereum ETF outflows with $31.22 million, shedding 9,720 ETH. The fund traded at a -0.02% discount with cumulative flows of -$5.01 billion.

Fidelity FETH lost $3.21 million, shedding 998.07 ETH. Grayscale’s smaller ETH fund recorded $10.03 million in outflows, losing 3,120 ETH.

21Shares TETH Remains Sole Positive Ethereum ETF

21Shares TETH posted the only positive flow among Ethereum ETFs with $2.08 million in inflows. TETH’s cumulative inflows reached $23.26 million. The modest gains could not offset the $44.45 million in combined outflows from ETHE, FETH, and ETH.

BlackRock ETHA, Bitwise ETHW, VanEck ETHV, Franklin EZET, and Invesco QETH all reported zero flows. The concentration of outflows in the three largest funds drove the overall negative result.

The December 11 performance ended a strong run for Ethereum ETFs. December 9 posted the largest single-day inflows at $177.64 million, followed by $57.58 million on December 10.