Bitcoin Spot ETFs See $60.4M Outflow While Ethereum Spot ETFs Net $35.5M Inflow

Published: 2025-12-09 05:27:22 |

Data from Farside Investors on December 9 shows divergent flows across major crypto spot ETFs. Bitcoin spot ETFs recorded a net outflow of $60.4 million in the prior session, reflecting cautious positioning among investors. In contrast, select Bitcoin vehicles such as the Belld IBIT product saw inflows of $28.8 million, indicating selective demand within the Bitcoin ETF suite. Ethereum spot ETFs attracted net inflows of $35.5 million, with the ETHA fund adding $23.7 million, underscoring sustained appetite for direct ETH exposure. These flows highlight nuanced investor preferences between BTC and ETH spot products and may signal rotation or differentiated conviction across assets rather than broad market-wide moves.

Neutral

The net outflow from Bitcoin spot ETFs (-$60.4M) combined with selective inflows into specific BTC products (+$28.8M) and meaningful inflows into Ethereum spot ETFs (+$35.5M) suggests rotation and product-specific demand rather than a clear directional signal for the broader crypto market. Short-term implications: traders may see increased volatility in BTC and ETH around ETF flow updates and could trade rotations (selling BTC-focused instruments into outflows and buying ETH exposure on inflows). ETF flows can drive price moves when large and persistent; however, the amounts reported here are moderate relative to total market liquidity, so immediate market-wide impact is limited. Long-term implications: sustained, repeated inflows into ETH spot ETFs could support ETH price discovery and reduce premium for derivative-based exposure, while persistent BTC ETF outflows might weigh on BTC performance if they continue. Historical parallels: past periods (e.g., early 2024 ETF flow records) showed that concentrated, sustained ETF inflows can amplify rallies; conversely, large outflows have pressured price. Given the mixed flows, expect asset-specific moves and cautious sentiment among institutional allocators rather than a pronounced bullish or bearish trend across the entire crypto market.