BlackRock’s iShares Bitcoin Trust ETF (IBIT) has experienced its largest single-day outflow ever, with $188.7 million pulled on December 24, surpassing a previous record of $72.7 million just four days prior. Over the last four trading days, Bitcoin funds collectively faced outflows exceeding $1.5 billion. This includes a total of $338.4 million in outflows from all U.S.-based spot Bitcoin ETFs on Christmas Eve. Other affected funds include the Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB), which saw outflows of $83.2 million and $75 million respectively. In contrast, the Bitwise Bitcoin ETF (BITB) reported a small inflow of $8.5 million. Meanwhile, contrasting trends are observed with Ether ETFs, which had back-to-back inflow days, totaling $184.4 million combined. Currently, Bitcoin trades at $98,035, and Ether at $3,420. Analysts speculate that Ether may outperform Bitcoin in the upcoming month, with Bitcoin ETFs exceeding $129 billion in assets under management as of December 16, outpacing U.S. gold ETFs.

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