Bitcoin ETFs Records Selloff With $357M Pulled in a Single Day

TLDR

• The US Bitcoin Spot ETF market recorded $357.69 million in daily outflows on December 15.
• Total net assets across all ETFs reached $112.27 billion, representing 6.56% of Bitcoin’s overall market capitalization.
• BlackRock’s IBIT led the market with $66.79 billion in assets, despite recording zero net inflow on the day.
• Lower-tier ETFs like Bitwise, Ark, and VanEck reported sizeable redemptions, with no daily inflows across most funds.
• All listed Bitcoin ETFs experienced daily price declines between -4.9% and -5.04%.

According to a recent SoSoValue update as of December 15, the US Bitcoin Spot ETF market recorded a daily net outflow of $357.69 million. Despite the daily outflows, the cumulative total net inflow stood at $57.55 billion, reflecting ongoing institutional interest. The total value traded across all listed Bitcoin spot ETFs reached $5.29 billion, showing strong market activity. The total net assets across these ETFs amounted to $112.27 billion, which represents 6.56% of Bitcoin’s market cap.

IBIT Retains Top Position Among Bitcoin ETFs

A deeper analysis of the individual ETFs reveals that BlackRock’s IBIT continued to lead the market with $66.79 billion in net assets and $62.73 billion in cumulative inflows. It showed no net inflow on the day but held the highest volume at $3.60 billion traded and 73.13 million shares.

Fidelity’s FBTC had the second-largest asset base at $17.15 billion, though it recorded a daily outflow of $230.12 million. The ETF had 6.99 million shares traded with a price drop of 5% to $74.74. Grayscale’s GBTC saw a $27.51 million outflow and a daily price decline of 5% to $67.05.

Lower-Tier Bitcoin ETFs Face Redemptions and Zero Inflows

The Grayscale BTC fund, also listed on NYSE, registered no inflow, with net assets at $4.19 billion and a price at $37.97. Bitwise’s BITB ETF posted a $44.32 million outflow and lost 4.96% in value, closing at $46.61. Ark 21Shares’ ARKB saw $34.49 million in outflows, trading at $28.48 with 7.35 million shares exchanged.

VanEck’s HODL fund had $21.25 million withdrawn, ending at $24.26 after a 4.97% daily drop. Invesco’s BTCO saw no daily inflow but maintains $543.48 million in net assets, the highest among lower-tier ETFs. Franklin’s EZBC and Valkyrie’s BRRR recorded no inflows but have accumulated $338.40 million and $308.39 million in total respectively.

WisdomTree’s BTCW remained stable with $44.83 million in net assets and no new inflows or outflows. Hashdex’s DEFI was the only ETF with a negative cumulative net inflow, at -$1.45 million, and has net assets of $11.66 million. All ETFs experienced price declines, with daily losses ranging from -4.9% to -5.04%, confirming uniform bearish pressure across the segment.

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