Record Outflows in Bitcoin ETFs: $4.57 Billion

Bitcoin ETFs Experience Their Worst Period in History

Spot exchange-traded funds (ETFs) listed in the United States saw a record outflow of $4.57 billion in net outflows during November and December. This indicates a decline in institutional interest in Bitcoin and other digital assets.

During this period, the price of Bitcoin fell by 20%. The decline is attributed to a decrease in investors' risk appetite. Additionally, Ethereum exchange-traded funds also faced losses exceeding $2 billion.