Style Transition！

BTC ETF has seen net outflows for 4 consecutive days, and what's even rarer is that the leading ETF, BlackRock's IBIT, experienced a significant outflow of 180 million USD on December 24th. BlackRock had almost been buying for an entire year, making this the first major sell-off.

The ETH ETF has still been in a net inflow state overall for the past 4 days, especially BlackRock's ETHA, which continues to increase steadily. Institutions have already started to prepare for the style transition for next year.