Bitcoin and Ethereum ETFs' Pre-Christmas Releases

Risk Reduction Moves in Bitcoin and Ethereum ETFs

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

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 noted a remarkably significant inflow. This situation highlights the diversity of investor strategies during periods of low liquidity.