Bitcoin ETFs See $142M Outflows as Ethereum, Solana, and XRP Turn Positive

Bitcoin ETFs faced continued redemption pressure on December 22, recording $142.19 million in net outflows. The losses marked the fourth negative day in the past six trading sessions.

Data from SoSoValue shows Ethereum ETFs reversed their seven-day losing streak with $84.59 million in inflows, while XRP and Solana ETFs maintained their positive flow trends.

Bitcoin ETFs Post Fourth Outflow in Six Sessions

Bitcoin ETFs saw $142.19 million in net redemptions on December 22, bringing cumulative inflows to $57.26 billion. Total trading volume reached $3.68 billion, while total net assets stood at $114.99 billion.

Grayscale products dominated the day’s outflows. GBTC recorded $28.99 million in redemptions, shedding 329.02 BTC from its holdings.

The trust maintains cumulative outflows of -$25.14 billion and total assets of $14.08 billion. The Grayscale Bitcoin Mini Trust (BTC) reported $25.40 million in outflows, resulting in a loss of 288.28 BTC.

Bitwise’s BITB recorded $34.96 million in redemptions, shedding 396.70 BTC. The product holds $2.14 billion in total assets with cumulative inflows at the same level.

ARK 21Shares (ARKB) saw $21.36 million exit, losing 242.38 BTC and bringing its assets to $1.62 billion. VanEck’s HODL recorded $33.64 million in outflows, resulting in a 381.74 BTC reduction.

BlackRock’s IBIT bucked the trend with $6.00 million in inflows, adding 68.07 BTC to its holdings. The product maintains its position as the largest Bitcoin ETF with $62.50 billion in cumulative inflows and total assets at the same level.

Several products reported zero activity. Invesco’s BTCO, Franklin’s EZBC, Valkyrie’s BRRR, and WisdomTree’s BTCW showed no flows.

These products maintain cumulative inflows ranging from $308.39 million for BRRR to $44.83 million for BTCW. Hashdex’s DEFI continues to hold -$1.45 million in cumulative outflows.

Ethereum ETFs Reverse Trend With $84.59M Inflow

Ethereum ETFs posted $84.59 million in net inflows on December 22, ending a seven-day outflow streak.

The positive day brought cumulative inflows to $12.53 billion from $12.44 billion on December 19. Total trading volume reached $1.30 billion, while total net assets climbed to $18.20 billion.

The reversal came after Ethereum ETFs lost $643.97 million during the week ending December 19. The December 22 inflows mark the first positive day since December 10, when products recorded $57.58 million in net inflows.

Total assets decreased from $18.21 billion on December 19 to $18.20 billion on December 22. On December 19, $75.89 million in outflows resulted in a net loss of assets before the recovery on December 22.

The historical data shows the volatile nature of Ethereum ETF flows. December 16 showed the worst single-day performance with $224.26 million in outflows, followed by December 15 with $224.78 million in redemptions.

The December 22 inflows brought cumulative flows back above $12.50 billion, partially recovering from the week’s losses.

XRP and Solana ETFs Maintain Positive Momentum

XRP spot ETFs recorded $43.89 million in net inflows on December 22, bringing cumulative flows to $1.12 billion.

Trading volume reached $17.94 million, with total net assets standing at $1.25 billion. The products have not recorded a negative day since launch, maintaining an unbroken streak of positive or zero flows.

The December 22 performance is an acceleration from December 19, when XRP ETFs posted $13.21 million in inflows. The products have shown consistent growth throughout December, with daily inflows ranging from $8.54 million to $43.89 million.

Solana spot ETFs recorded $7.47 million in net inflows on December 22. Cumulative inflows reached $750.10 million, with total net assets at $938.43 million. Trading volume hit $32.65 million.

The December 22 inflows were a slowdown from previous days. December 18 saw the strongest recent performance with $13.16 million in inflows.

The products have posted positive flows every day from December 15 through December 22, with amounts ranging from $3.57 million to $13.16 million.