Crypto ETFs See Massive Outflows Ahead of Holidays

Bitcoin and Ether spot ETFs experienced significant outflows on December twenty-fourth, with traders heading into the Christmas break and less risk appetite. BlackRocks IBIT and Grayscales GBTC led the outflows, while Grayscales Ethereum Mini Trust saw inflows. These pullbacks are common around holidays, but they can indicate a high-risk play when liquidity is low.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.