On December 24th Eastern Time, the spot Bitcoin ETF market experienced significant selling pressure. The total net outflow for the day reached $175 million, reflecting a phase of profit-taking among investors. Among them, the IBIT launched by BlackRock performed the weakest, with a single-day net outflow of $91.373 million, accounting for over 50%. Following closely was Grayscale's GBTC, which also faced a net outflow pressure of $24.621 million. This wave of outflows occurred against the backdrop of year-end market adjustments, possibly as many investors made corresponding adjustments in their year-end financial planning.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
7
Repost
Share
Comment
0/400
airdrop_huntress
· 1h ago
It's the end of the year, and everyone is really cautious about their lives. Hurry up and escape!
View OriginalReply0
RugpullSurvivor
· 11h ago
Year-end cash-out season, it seems many people are eager to have a good New Year.
View OriginalReply0
SerumSquirter
· 11h ago
The end-of-year sell-off is here, even BlackRock can't hold up anymore.
View OriginalReply0
SellTheBounce
· 11h ago
Here we go again, the end-of-year "financial planning" talk... to put it simply, it's just being cowardly. Sell when there's a rebound—that's human nature.
There's always a lower point waiting for the next sucker to buy in, so what's the rush?
View OriginalReply0
MEVHunterZhang
· 12h ago
The year-end cash-out drama, everyone is eager to secure their gains.
View OriginalReply0
BridgeJumper
· 12h ago
It's the end of the year, and as expected, some people are still trying to run away. BlackRock is under the most pressure here.
View OriginalReply0
FlatlineTrader
· 12h ago
The year-end liquidation drama, BlackRock is running the fiercest.
On December 24th Eastern Time, the spot Bitcoin ETF market experienced significant selling pressure. The total net outflow for the day reached $175 million, reflecting a phase of profit-taking among investors. Among them, the IBIT launched by BlackRock performed the weakest, with a single-day net outflow of $91.373 million, accounting for over 50%. Following closely was Grayscale's GBTC, which also faced a net outflow pressure of $24.621 million. This wave of outflows occurred against the backdrop of year-end market adjustments, possibly as many investors made corresponding adjustments in their year-end financial planning.