Bitcoin and Ethereum ETFs' Pre-Christmas Launches

Bitcoin and Ethereum ETFs Take Action to Reduce Risk

Bitcoin and Ethereum spot ETFs experienced significant outflows on December 24. Traders sought to reduce their risks ahead of the Christmas holiday.

BlackRock's IBIT and Grayscale's GBTC products led the Bitcoin ETF outflows. Meanwhile, Grayscale's ETHE, designed for Ethereum, recorded the largest outflow among Ethereum ETFs.

Despite the outflows, Grayscale's Ethereum Mini Trust ETF saw a noteworthy inflow. This situation highlights the diversity of investor strategies during periods of low liquidity.