As the year comes to a close, the crypto world has witnessed a significant dip in Bitcoin ETF performance, marking their worst weekly performance since September. Letās dive into whatās happening:
---
š„ Bitcoin ETFs Get Coal for Christmas
Spot Bitcoin ETFs saw $387 million in net outflows during Christmas week (Dec 23ā27).
Three consecutive red days led to a total outflow of $862.69 million by Friday.
A brief Christmas rally (Dec 26) brought some relief with $475.5 million inflows, but Fridayās $297.75 million outflow erased gains.
---
š Biggest Losers and Winners
1. Losers:
Fidelityās FBTC: $208M outflows on Friday, making it the worst performer of the week.
BlackRockās IBIT: Second worst, with $188.7M in outflows.
2. Winners:
ARK 21Sharesā ARKB: Surged with $186.9M in inflows, one of the weekās top performers.
FBTC also recorded a strong inflow earlier in the week with $254.4M on Thursday.
---
š Best Year Ever for ETFs Despite Year-End Bleeding
Despite the recent downturn:
ETFs had their best-performing year, with $35.65 billion in net inflows throughout 2024.
Spot Bitcoin ETFs came close to rivaling gold ETFs, nearing $128 billion in net assets by mid-December.
The introduction of crypto ETFs fueled investor interest, establishing them as a powerful long-term vehicle for traditional investors.
---
š” Whatās Next?
Experts believe this is just a temporary dip in an otherwise stellar year.
Spot Bitcoin ETFs are set to remain a disruptive powerhouse in the investment world.
With increasing adoption and strong backing, 2025 might see new highs despite the volatility.
