Holiday Slump Hits Crypto ETFs

Crypto ETFs faced a rough day before Christmas. Investors pulled out a lot of money. Bitcoin and ether ETFs saw big outflows. Over $200 million left these funds. BlackRock's IBIT had the largest single-day exit. Over $91 million left this fund. Grayscale's GBTC also saw a big outflow. Nearly $25 million left this fund. Ethereum ETFs also struggled. Grayscale's ETHE had a big outflow. Over $33 million left this fund. This brings its total outflows to over $5 billion. But not all was bad. Grayscale's Ethereum Mini Trust ETF saw a small inflow. Over $3 million entered this fund. It now has over $1. 5 billion in total inflows.Why did this happen? Trading volumes drop around holidays. Fewer people trade. Investors become more cautious. Even small orders can have a big impact. Outflows don't always mean bearish sentiment. Sometimes it's routine rebalancing. Other times it's tax management. But negative flows for several sessions can be a red flag. These ETFs show institutional demand. When flows turn negative, it shows crypto struggles when liquidity tightens. This reinforces the idea that crypto is still a risk asset.