US Spot Crypto ETFs Face Seventh Straight Day of Net Outflows
The US spot BTC ETF market experienced continued tradeing pressure on Tuesday, December 30, 2025, as investors maintained a defensive stance ahead of the new year. According to the latest data from SoSoValue and Farside Investors, spot BTC products recorded a total net outflow of $19.3 million, marking the seventh consecutive session of redemptions. This streak of withdrawals, which has viewn over $1.29 billion exit the funds in mid-December alone, is largely attributed to institutional “de-risking” and tax-loss harvesting. BlackRock’s IBIT was the primary driver of the day’s negative flows, losing $7.9 million, while Invesco and Galaxy Digital’s BTCO saw $10.4 million in outflows. Despite this short-term cooling, the cumulative net inflow for the year remains substantial at over $56.6 billion, suggesting that the current drawdown is a seasonal “reset” rather than a fundamental reversal of institutional interest.
ETH ETFs Struggle as XRP Products Defy the Outflow Trend
The ETH spot ETF market also faced headwinds on December 30, recording a net outflow of $9.6 million. BlackRock’s ETHA led the withdrawals with $13.3 million exiting the fund, as the broader market for ETH-based products struggled to find footing amid thin holiday liquidity. However, in a stark contrast to the two leading assets, XRP spot ETFs continued their remarkable streak of resilience. XRP products recorded $43.9 million in net inflows on Tuesday, bringing their cumulative total to over $1.25 billion. This divergence highlights a rotation toward specific narratives, as institutional investors appear to be favoring XRP’s perfect record of zero outflow days since its launch. This selective conviction underscores a maturing market where allocators are becoming increasingly granular in their digital asset strategies, moving away from broad-market exposure in favor of specific utility-driven plays.
Options Expiry and the Path Toward January’s Liquidity Recovery
Market analysts point to the record $27 billion in BTC and ETH options that expired on December 26 as a key contributor to the current period of subdued price action and negative flows. This massive liquidity event, combined with year-end tax positioning, has kept BTC pinned below the $90,000 resistance level despite brief intraday rallies. Strategists at Wintermute and other major firms advise that these “rollover flows” are typical for the final week of the fiscal year and expect a significant recovery in institutional appetite once the 2026 budgets are deployed in ahead January. As the “wash-sale” period for many investors concludes, the focus is expected to shift back toward the 100+ new crypto ETF filings anticipated in the coming year, providing a potential catalyst for BTC to break out of its current $83,000–$89,000 consolidation zone.
