U.S. Spot Bitcoin ETF Outflows Nearly $1.2 Billion in Nearly Three Days, Longest Outflow Since Election

A total of $1.18 billion has flowed out of 12 spot bitcoin ETFs in the U.S. market over the past three trading days, the longest outflow since Donald Trump's election win in November, which, coupled with the decline in bitcoin prices, has resulted in a $10.7 billion reduction in the total value of the funds' holdings from 18 December to the end of the trading day on 23 December, data showed.