🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Bitcoin spot ETF sees a net outflow of $175 million in one day, are institutions reducing their positions?
【Crypto World】On December 24th, there was a significant outflow of funds from Bitcoin spot ETFs. The total net outflow within a single day reached $175 million — a figure that is indeed quite noticeable at the end of the year.
Specifically, the giant BlackRock’s IBIT experienced a daily net outflow of approximately $91.37 million, accounting for the majority. Meanwhile, Grayscale’s GBTC also saw a net outflow of about $24.62 million. The actions of these two institutions, to some extent, reflect the true attitude of institutional investors at the end of the year.
It’s worth pondering whether this is profit-taking at year-end or some form of concern about the market’s future? From the data, large institutions are choosing to reduce their holdings at this point, which may have a certain impact on the short-term Bitcoin trend.