Bitcoin News Today: Bitcoin ETFs See $60.5M Outflow as Grayscale, Fidelity Lose Cash; BlackRock Holds Course

U.S. spot Bitcoin ETFs posted a net outflow of $60.5 million on Monday, December 8, 2025, according to the latest data. The outflow marked a shift in investor sentiment after months of steady inflows into crypto-based exchange-traded funds. The movement came as part of broader end-of-year portfolio adjustments and reflected cautious positioning amid macroeconomic uncertainty.

The outflows were concentrated among two of the largest Bitcoin ETFs, with Grayscale's Mini BTC fund and Fidelity's Wise Origin Bitcoin Fund each experiencing significant withdrawals. Meanwhile, BlackRock's iShares Bitcoin Trust (IBIT) continued to attract inflows, taking in $28.72 million and highlighting divergent investor preferences.

Market participants also observed a contrasting trend in Ethereum-based products. While Bitcoin ETFs saw outflows, Ethereum spot ETFs recorded a net inflow of $35.5 million, with the ETHA fund adding $23.7 million in capital. This shift pointed to sustained interest in Ethereum exposure, despite ongoing volatility in the broader crypto space as reported by Coinotag.

Divergent Performance Among Leading ETFs

The $60.5 million outflow from Bitcoin ETFs was largely driven by capital exits from Grayscale and Fidelity products, while BlackRock's offering bucked the trend. The Grayscale Mini BTC fund saw a net outflow of $44.03 million, and Fidelity's FBTC recorded $39.44 million in redemptions. These outflows are often seen following periods of strong price appreciation or during macroeconomic uncertainty when investors rebalance portfolios.

BlackRock's IBIT, on the other hand, continued to attract institutional and retail investors, drawing $28.72 million in net inflows. The fund's consistent performance highlighted its role as a preferred vehicle for regulated Bitcoin exposure. This divergence between major players reflected differing levels of investor trust and operational efficiency across the ETF landscape as noted in market analysis.

Broader Market Dynamics and Institutional Behavior

The ETF market's performance should be viewed in the context of broader macroeconomic and institutional shifts. As Bitcoin ETFs offer high liquidity, they are often used for rapid portfolio adjustments, contributing to the frequent flow fluctuations. While the $60.5 million outflow was significant, it was not uncommon in a volatile market.

Bitcoin's price currently hovers around $90,000, recovering from a sharp drop to the mid-$84,000 range in late November. Despite the recent outflows, long-term structural indicators such as low exchange balances and custodial accumulation suggest continued institutional interest in the asset class. The market remains closely watching the Federal Reserve's upcoming rate decision on December 10, which is expected to deliver a 25-basis-point cut.

Risks and Opportunities in the ETF Complex

While Bitcoin ETFs face outflows, Ethereum and altcoin ETFs have seen increasing demand. Ethereum spot ETFs recorded $35.5 million in inflows, while newly launched XRP and Solana ETFs attracted significant capital in their debut weeks. This rotation reflects investor preferences for staking yields, ecosystem growth, or diversification away from Bitcoin's macro-linked price action according to market reports.

However, risks remain, particularly for Bitcoin ETFs led by IBIT. The fund has seen over $2.7 billion in outflows over the past five weeks, driven by end-of-year rebalancing, rising volatility, and macroeconomic uncertainty. BlackRock has framed the redemptions as a natural function of ETF liquidity rather than a loss of confidence in Bitcoin.

What This Means for Investors

Investors are advised to take a cautious approach as the ETF landscape shifts. While Bitcoin ETFs remain under pressure, the structural supply backdrop and long-term accumulation trends suggest that the market is not in freefall. The price of BTC-USD is currently stable around $91,227, maintaining equilibrium despite aggressive leverage flushes.

A decisive move above the $96,000 to $106,000 range would likely shift the outlook to a more bullish stance, while a breakdown below $84,000 would signal further caution. In the near term, the upcoming Federal Reserve decision will be a key event in determining the direction of risk assets, including Bitcoin.