$BTC

There is still a FOMO situation and this is not a buying point

In a surprising turn of events following the decline during the holiday period, U.S. spot Bitcoin ETFs reported a net inflow of $475.2 million on December 26, after four consecutive trading days of total outflows amounting to $1.52 billion, according to CoinGlass.

The inflow was led by the Fidelity Wise Origin Bitcoin Fund, attracting $254.4 million, followed by the ARK 21Shares Bitcoin ETF with $186.9 million and BlackRock's iShares Bitcoin Trust ETF (IBIT) with $56.5 million. Smaller inflows were recorded by Grayscale's mini Bitcoin ETF and VanEck's ETF, with $7.2 million and $2.7 million, respectively.

This reversal comes as the price of Bitcoin dropped 2.2% over the past day, falling from $98,000 to just over $96,000. Despite recent challenges, Bitcoin ETFs have shown resilience, with a total net inflow of $35.9 billion and assets under management (AUM) reaching $111.9 billion since their launch in January.